You may also have to pay a broker to rent it, when usually the tenants cover that during peak rental season (May-July for 9/1 leases).Good thing is once it's rented you should almost never have vacancy if you're mindful of re-listing it in a timely fashion.

Tenant took photos and videos but nothing detailed - a single shot or two of a room from the entrance, so is saying fridge was fine, normal wear etc Next - If we are being nice and deducting ‘portions’ of the charges and tenant continues to grind away, or this goes to court, do the compromise and smaller amounts offered negate the full amounts that could have been charged

You can still buy plenty of things in nice college towns that make money. 

Best place to find this type of funding is in a group where people lend in this fashion which is essentially unsecured /100% financingyou will not find many to do this except those that are brainwashed by gurus who think it's a great idea

So think twice before taking any outsized risks, as you already achieved a nice equity base, and you don’t want to end up screwing the pooch by taking unneeded risks ;)Good luck and keep us posted on your decisions…

While cash flow can be nice to see each month, it can be fleeting and inconsistent.

I've considered this and it is a nice-to-have and would love this, but it's not the first goal.5.

Purchase price: $814,000 37-Unit - HUD Section8 HAP MultifamilyOverall the project was situated decently well at closing, occupancy was mid ~85%, and overall the property was in very nice condition.

It's so nice to have that safety net.

The thing is huge and just sucks to have it sitting empty outside of me hanging out in there with a couple beers and a TV on nice days.