Those cost in terms of lost rent, but also cleaning out the stuff that was left behind.If your place is managed by a PM, expect a 1 month vacancy (only once I have had no vacancy with my PM manage places, and once I had 2 months as they messed up and held it for a person-friend of the owner-who didn't put down a deposit and then they dropped the ball). 

It's just how do you personally weigh paying more for less risk on the back end. 

I've house hacked twice in Reno, NV and it's changed my life. 

I have recently come across two separate deals, where the owner does not live in the house, but will not sell because the properties have sentimental value to them.

All are personally owned with insurance, but no LLCs or other legal structure.

I'm not THAT person that posts negative reviews.

It was a great first project, I had some old friends reach out that were losing their house and I helped them get out from under the PML, bought the house and helped them repair their credit, got a contractor I knew that lived around the corner help me do a full gut rehab and put in about 1,500 hrs of my own labor into it.

Just have to run your number on the market and the product type (i.e. small houses versus big houses, etc).

I've spent the last 18 months working a side gig to deal with that and am proud that I've been able to pay off over $50k in personal debt without any bankruptcy, liens, or lawsuits.

Text and verbal agreements are legally binding in Virginia (where the rental is).I really believe she initially intended it to be a year long renewal, as she also remarked she was very happy, as it is only a block walk for her daughter to school.She now has a boyfriend (he hasn’t moved in), and a house they want to move into together, so she is giving notice.She is focusing on the clause in the lease that states: “HOLDING OVER: Any holding over after expiration hereof, with the consent of the Owner, shall be construed as a month to month tenancy in accordance with the terms hereof, as applicable.