There will be other large ticket issues that pop up as well as big things that will eventually need replaced like the roof, furnace, plumbing issues, etc.If you have enough properties for enough time the below or worse will eventually happen and repeat itself.

Most of the multi-family units in Jacksonville that I think are in an area that I would feel safe are in riverside/5 points or San Marco.The issue, I think, with Jacksonville is that the supple of Multi-family units is low which makes the pricepoint of them higher.

Tax Strategies- Tax Deductions: Ensure you're taking full advantage of tax deductions related to mortgage interest, property taxes, maintenance, and depreciation.- Consult a Tax Professional: Work with a tax advisor to develop strategies that minimize your tax burden and maximize after-tax returns.10.

They would furnish it, enforce strict rules, and cover issues under $600.I'm curious about increased foot traffic and liabilities—if something major happens to a guest, would I be responsible?

We discovered the issue after they moved out.Insurance was only able to pay out $5k. 

The issue with HELOCs right now is that the rate is around 9-10% which will seriously eat into the profitability.

Credit is not an issue.  

This is often referred to as a HUD partial claim.There may be differences here and there with respect to the MI issue but a junior lien is a junior lien and it gets extinguished in a foreclosure regardless of the players involved.

A 2.3% bump is nice, but it’sstill below my 15% ROE baseline target.An interesting point is that a $500/mo increase in rents has a relatively low impact onIRR.

This seemed relatively early for people to sell, I thought it'd take another year.