Actually the people telling me I can’t use B2 comps is Tax Shield!  

The concerned neighbor requested us to do something to put an end to the endless stream of unsavory people coming and going from that rental, with the main tenant in the middle of all of it.

Going after dead beat people get dead beat results!!

They are unprofessional, with no etiquette. my poor friend, seeing her in this condition, breaks my heart. she told me she is afraid to leave the hospital in case these people try and kill her.

Everything else is done by people I trust.

Why wouldn't you buy a two-family or single-family where you are now, rent to people you know, learn about landlording, and then keep it as a college rental after?

STRENGTHS-  strong affordable housing market-  cool city with a great feel-  nicely mixed neighborhoods with properties in need of repair next to nice homes-  large university, robust medical community-  decent rents overall, currently trading at 8-10% cap rates-  Micron promises growthWEAKNESSES-  Micron hype is making people spend way too much on properties-  pesky code compliance inspections here too-  student housing area is incredibly compact and difficult to get in to-  difficult to predict if a property will benefit from renovation or not-  contractors are overwhelmed, difficult to get estimatesSummary: Syracuse is experiencing a lot of change right now, in a good way.

I can shed some light.LAW EXEMPTIONS - There are very few parts of the VRLTA that allow an exemption for people based on units owned, and late fees is not one of them.

There's all sorts of videos and books that say do this and do that but Im convinced if you spend a ton of time on telling people how to do it, then your probably not doing it.

He's stating his professional opinion being one of the people who does this for a living at a high level.You've also mentioned E&O insurance earlier.