Residential Assisted Living (RAL) is taking off NOW.Self-Storage has and continues to grow, a side effect of more people renting multifamily rather than buying homes.Multifamily value-add continues to soar due to demand also by millenials and empty-nesters seeking less work on the house and more flexibility to spend money on travel and exeriences rather than stuff that chains them down. for us RE "investors" it's the ticket to syndication, scalability and leverage.New multifamily buildings with modern concepts with mixed-use living (offices/co-working spaces, fooderies, mixed age and walking distance living with innovative rentable electric scooters, bikes, car chargers, and light rails) all in one beautifully assembled arrangement is what attracts 12000!

Do what is cost effective for you and roll the savings into the next deal, unless your planning on living there a long time the investment would be better.

However, when I sent the contract over to my lender, he informed me that there were some changes coming from Fannie in 2014 that will make it more difficult to go with a conventional loan with 5% down on an owner occupant duplex.So my question for the BP community is, what do you know about the changes coming in 2014 and what effects will it have on a young investor like me who wants to start with an owner occupied duplex?

Did you use a particular mailing list that was effective, or was it through networking, or something else?

Also, try to get the board's meeting minutes to see what the community issues and priorities are and see if they are effective in managing problems.

Legal fees.Accounting fees.Lost rent due to a lengthy eviction.Tenant damage above the security deposit.Utilities, at least when its vacant.Capital items (e.g., appliances, carpets, furnaces, roofs, etc.)Speaking of carpets, new carpets every 3-5 years.Property management.Make ready costs.

I do not believe this will have a great impact on foreclosures as I would be inclined to believe that many longterm unemployed would already be behind on payments or into the foreclosure process but it will probably have some effect.

Any interest or fees on another loan arrangement likely do not fall under damages.

From what I understand (and I am not an attorney... and again this was a long time ago) is that cases were easy for defendants to get dismissed because the plaintiff could not prove monetary damage.

Fake property manager hired a cheap hand (again, no professional certification, no social security number), who did some work but cost damage to the property.