Hmmm....the statement in the article now seems confusing since the quote is implying higher yield will cause higher cap rates when it is actually higher cap rates that will cause higher yield.

I'd stay away from the worst house early in your investing career cause you may be biting off more than you can chew at that point.

In that case generally depending on the amount you are seeking in damages it could be small claims court or superior court you have to file in.

They’re also incentivized not to damage the property because they do not want to lose their large security deposit.Obviously this would not work for all markets, but it has been a very effective strategy for him.

2.)Dontate to a chairty real estate with causes and somehow get a deduction that way not sure how it works out?

I was told by a member of the Taunton zoning commision as it is now its a legal small multifamily but the zoning ordinance states that if the property is damaged 65% or more (determined by the building commissioner) through fire, flood, wind ect. then it has to be rebuilt conforming to the current zoning laws, which is single family only for that area.

I did a full tearout of the kitchen ceiling and remediated all the water damage.

These can bounce causing you a major issue.Have a zero tolerance policy on rent collections.

I have witnessed at least 2 other units with severe water damage because of the plumbing in common areas.

Fixed minor damages on roof, doorframe, and HVAC.