@charmaine Marizan thanks feel free to reach out we can bounce ideas @Joe Fairless yup its now or never Joe.

Without BP, I would not have found a local REI group to bounce ideas off of here in Michigan's Upper Peninsula.

:D No daycare, no home businessNo firepit or outdoor fireplaceNo drugsNo swimming poolsNo hot tubsNo trampolinesNo pets without prior written permission of landlordNo smoking of any substance on property or grounds, inside or outNo illegal activityNo ATVs, RVs, boats, semi-trucks, or unworking cars (cmty rules)Limit to X cars per propertyNo parking on grass yards or sidewalksMaximum occupancy of X (if your city allows it) or "premises to be occupied only by individuals stated in this lease"Late rent fees and curesNo subletting without written consent of landlordList of fees and recourse for bounced checksLiability clausesHow many days notice to leaveHow leases renewWhat the security deposit can be used forWhen/how the security deposit gets refundedRepairs-- by whom, when, at what expenseHow to notify you when repairs are needed (I put a clause saying that... any repairs not given to me in written by certified signed mail are deemed not to have happened at all.

If you are talking about sounds of people walking in second floor unit, that will be much more challenging, since wood has a natural bounce to it, and that would start to become a structural issue, as well as sound deadening.

Reach out to the forums if you have questions or want to bounce some ideas off of some folks.

If you hold long enough, the property will always bounce back in value.Investors get in trouble when they leverage and overspeculate, they buy properties on the hope of appreciation where the rents dont cover expenses and essentially have overhead to just hold the property.

We own enough land near Orange County to build 28 homes (long story how that came to be haha), and have bounced back and forth on whether to sell, build-then-sell, or build-then-rent (which is looking very appealing at today's interest rates).

Always happy to talk real estate and bounce new ideas around.

Would love to bounce a few thoughts off of you, will shoot you a message.