Closing in late May so timing is a bit of an issue.

Note this is the biggest issue, but other things to consider is no revenue until ADU is built and rented.  

That has reduced the loitering by homeless, and criminal elements a lot, but we do still occasionally have some issues in the parking lots and the areas outside the courtyard.

It turned out to do very well for us and the owner, as there were no maintenance issues except for one larger issue that had to deal with old pipes.

Hi Quinton, I'm currently building a software app to help easy manual and transparency issues with RUBs and offering smart device integration for submetered properties.

I only have to jump in when there is a specific question or issue from a guest. 

IRS audits and penalties: Studies that are poorly conducted may be full of unsubstantiated assumptions and errors that can lead to expensive audits and large financial penalties from the IRS.Long-term issues: Dealing with IRS audits and having to correct inaccurate studies can be a drawn-out, stressful and expensive process.

It does not matter if probate was opened or any notices sent out or anything similar.I understand your reasoning, but it is a constitutional due process issue that you cannot take someone's property away from them without due process of law, which includes notice.

I was excited because the price of the house and rehab was right, did not do any further inspections and completed the deal.Turns out my issue was deeper than the initial diagnosis.

Lastly, being a good landlord will always bear fruit so it's best to be on top of every issue that arises.