Open communication is key in maintaining a positive landlord-tenant relationship, and being transparent about potential changes can help avoid misunderstandings.

One option is ServiceLink, which provides auction services and maintains listings for properties that have been foreclosed and are now available as REO properties.

I just maintained it, managed it myself and then sold it to the tenant.

Depending on these regulations, you might need to maintain a means of exit from the basement unit, such as a separate entrance to the outside, or ensure that the stairs remain accessible but secure.

Optimize your finances by reducing debt, boosting credit, and maintaining strong cash reserves.

Keep in mind this doesn't account for rehab, repairs, and reserves necessary to maintain rentals.

An LLC requires additional time, effort, and money to set up and maintain and juice probably isn't worth the squeeze.

One option you might try is to go to Bi- Weekly Payments, this way you collect on the same cycle as their paychecks.As long as both of your tenants still have their jobs, I would ride it out, the 2nd thing is how are they maintaining the property, are you going to have to spend thousands of dollars on repairs because of damage to the property.

., a one-time reduction) without admitting fault, which might maintain a positive relationship with the tenants while protecting your interests.

They will likely also need to close any access points to satisfy city inspectors that the now capped chimney cannot be used to "vent" anything in the future.You will likely want a demo team that is much cheaper to do the actual demo and haul off, but you need either the mason or an engineer to stipulate how far down they can/should demo, while leaving enough room for the cap to be effective and maintain any structural rigidity into the future to not create more issues.Long story longer, I would call more licensed, insured contractors.