I feel those that were doing it for kindness was also doing it with naivety; they probably never foresaw a case where their kindness would make it difficult to sell their property at comp value.when rent control passes, rents go up.  

If you need help running numbers to determine the return of both options, or simply chat further feel free to reach out.

I was thinking of sending them a PDF flyer of something along the lines of "How to screen a tenant", "First time homeowners must do for the first 60 days", "what to expect from your first multi-family property", but i feel that might be a bit to simple.

Feel free to email me at [email protected] and I can help you out.That said, spreadsheets go really far.

My gut feeling is that the county and perhaps other lien holders that I'm not aware of, have harassed him in the past.

So, I feel as though my approach gains me slightly BETTER numbers when it comes to income and expenses over someone who tries to get top rent with higher vacancy/turnover.

If you're interested in exploring how to best leverage your savings in both real estate and the stock market, feel free to reach out for a more personalized discussion.Best of luck on your investment journey!

Feel free to DM me! 

To sum up my experience, my commercial mortgage loan originations are booming; we’re getting 12.75 - 13.5% interest with 4 points for 12 month loans at 40-60% LTV.The purchase of existing loans from lending institutions has dried up for us, as buyers are offering more than we feel is warranted, and they are buying “dubious” assets.  

Feel free to reach out any time :)