Depending on what you choose to do and what the partner will bring to the table vs. what you bring, you may have to take a much smaller split on the profits.That's awesome that you have been so entrepreneurial.

Or if you choose to tear down and move on, are you willing to pay $10,000 for the tear down and take the $27,500 loss?

Hello BP community - I'm reaching out with a question following a series of events (some mold related) that has led to 3 of 4 college tenants in my SFR having their parents request release from their lease 3 months early due to perceived air quality concerns.Background (University rental in MN - lease started Jun 17 with 4 college roommate - parents cosigned and pay rent):- In Sep 17 we had a minor roof leak that was corrected immediately (flashing)after notification with only minor paint damage and no sign of mold (from the attic or interior wall). - In Nov 17 tenant's parents (these are college students) call my property manager to report a broken dryer and mold growth in the basement laundry room, a bedroom above the laundry room, and in the bathroom.

There are plenty of write ups here about Morris Invest and their network of companies in different markets.As far as why people choose different markets beyond the ROI equations.Location.

If I choose to go after the student loans first it will mean postponing REI for several years.

Drywall, paint, tiling, trim, and that's about all I want to handle haha.I need to establish a good set of contractors, I so far only have "family & friends," not bonded, so a potential liability...

I am going to need a new oven, counter tops, cabinets, paint, floors, soot removal throughout the unit. 

(Ex: Bad photos, weak descriptions, bad guest communication leading to poor reviews, etc.)So because of that, I would say choosing good management could be crucial to your receiving a high ROI.

What made you choose there?

All of my leases are 12 months and are renewed if someone chooses to stay.