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In the mostly low rental areas in NYC but are easy to get to Manhattan or good areas in Brooklyn, Landlords would rather rent short term than to rent to an unqualified tenant and potentially get into a court case, this is ASIDE from making better income on the STRs.That also reduces the supply of available apts.Other issues that has not been addressed but was touched upon when over-consumption was mentioned is that in these rent regulated buildings, there is usually a high demand for services, which will add to a landlord's expense, such as older residents demanding more heating despite conforming to heating laws (BTW, this isn't every landlord...

M=F&ID=220249...HOWEVER, that being said, just because this is the letter of the law, does not mean that if you end up in Landlord Tenant court with this tenant that their attorney and the judge won't make an issue of the fact that you didn't provide them with a lead cert.

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.

House is old, but appears to have good bones.Property 2 is much closer to home. 

And these properties don't appear to be appreciating much, if at all, the past several years.

For investment properties, it appears that my clients are all writing off ALL mortgage interest and ALL property taxes.Primary residence, they are writing off interest on the first $750k and zero on property taxes (they are already at the $10k SALT cap).Our President is a real estate mogul, lo and behold tax reform didn't hurt real estate investors at all.

This type of scam appears so often, there must be a "How to Scam in Real Estate" course at Trump University.Considering  they "only" stole 52 Million out of 1.3 Billion, they were pretty inept as scammers go, No consolation to their victims.What is surprising is how long these scams go on before they collapse.

But mostly its about Joe Pesci being forced (by court order) to live in one of his own units for 3 months and having to adapt to a "lower" style of living. 

It appears it has already been mentioned, but the Listing Agent owes fiduciary responsibilities to the seller and that includes getting them the best offer possible.