We found this one on the MLS How did you finance this deal?

Especially so in Texas because the rules for on-market advertising by agents is one of the most stringent in the country. 

Your questions are fine, but I would be more worried about the asset and the future cap ex than the renters in general.

Also, expect deferred maintenance.Your #1 concern should be, can you fix the problems the seller has or will you eventually have to dump the property also?

page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

No differently from any other plumbing call that we assign to the tenant.

It does not matter the size of the city. 

It's the biggest unit of the 4 with the highest rent.What can I expect with this tenent?   

When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)

With over a decade of experience in multi-family property investments and Property Management, I’m now eager to take my portfolio to the next level.