I looked up the definition of intrinsic value and found this and wondering if there are any specific differences in the real estate category as you are using it: "In finance, the intrinsic value of an asset or security is its value as calculated with regard to an inherent, objective measure.A distinction, is re the asset's price, which is determined relative to other similar assets."

@Kashta Andrade Booker I recommend moving forward that the specific city or area you plan to invest in out-of-state.

First, consult with a lawyer about your specific situation, and all parties involved.

Its a Colorado-specific situation, I guess I should have been more specific:Portable tenant screening reports (PTSR) pursuant to HB23-1099 § 38-12-902(2.5).(2.5) "PORTABLE TENANT SCREENING REPORT" OR "SCREENINGREPORT" MEANS A CONSUMER REPORT PREPARED AT THE REQUEST ANDEXPENSE OF A PROSPECTIVE TENANT BY A CONSUMER REPORTING AGENCY,WHICH REPORT INCLUDES THE FOLLOWING INFORMATION ABOUT APROSPECTIVE TENANT AND THE DATE THROUGH WHICH THE INFORMATIONCONTAINED IN THE REPORT IS CURRENT:(a) NAME;(b) CONTACT INFORMATION;(c) VERIFICATION OF EMPLOYMENT AND INCOME;(d) LAST-KNOWN ADDRESS;(e) FOR EACH JURISDICTION INDICATED IN THE CONSUMER REPORT.....Link to the full Bill

There is an MTR facebook group, but not specific to Milwaukee. 

We are interested in a specific property where we would live part-time and sublease it part time especially during track season.

I'm looking at the proper treatment of the de minimis safe harbor election 1.263(a)-(f), specifically paragraph 6 which details the anti-abuse rule.

If the building ever gets a $25 summons ticket from Sanitation (it happened once) we then bill it to the tenants in equal share. (1/3 each for a 3 family) and send a sternly-worded email.Re: Legal obligations - I know of no "legal" obligations to curb the trash on behalf of the Tenants that would supercede what was specifically agreed to in the Lease.  

Happy to send you some Detroit specific resources if you'd like.

-Submarket - the specific area in the city will have a big influence.