Quote from @Zenna Weis: Yes, you can charge the tenant for the repair or replacement if they were the cause.I'm not a licensed plumber, but I have enough experience to believe this is an exaggerated case.

You can qualify for this by:Having tenants for 7 days or less at a time.Materially participate, typically with the test: You participated in the activity for more than 100 hours during the tax year, and you participated at least as much as any other individual (including individuals who didn’t own any interest in the activity) for the year.If you materially participate, you can offset your non-passive income even if you have W-2 income.

Does anyone have any experience in this very pricey market of NJ/NY/NYC?

Your experiences and insights can be invaluable in helping me make an informed decision.Please feel free to share your thoughts, experiences, or any relevant information.

They can be convenient to do (one loan versus 5 in this example) and save on processing costs (versus an individual loan).

No real movement in the budget to raise the ceiling so I was wondering if anyone on here has had experience with selling these lower ceiling height homes??

Has anyone had experience with this lender?

Estimating repairs is the hardest part and seems to only come from wisdom/experience.

@Aaron Davis My personal experience is that non section 8 tenants don't play well with section 8 tenants.Frank

From your experience do you think this market is gaining strength lately?