If the mice are there because of the habits of the tentants on one side, you will never attract/retain quality tenants in the other side.  

If it works and he gets another 100 million users to sign up or retain then it's like a double win for the FB team.  

Boy, I can't tell you how many times a tenant would bring in their dad or mom to view the property with them, and then at the signing of the lease, try to put the muscle on me.  

The Mortgagee may want to retain their security as a Mortgagee for the sake of foreclosing junior interests while agreeing to take the remaining interests from the Borrower to legally direct the property.  

Plus, I'd have to hire someone with wheels and muscles to transport it - that's $75-100.....Thanks for the suggestion though.

I would guess that I will need to retain the help of a specialized 1031 focused constant group, but that is quite doable.Best, Micah

I value a real property attorney's perspective, just don't want to set aside thousands for retainer just for exploration on whether I have standing.If that is not an option, it seems to me the next option would be to incur all of the costs, try to consolidate the parcels with the highway taxing districts and then seek out a permit from the city to build an Accessory Dwelling Unit under their standards.

@David Yee I would have 3-6 months savings for an emergency (in business this is called retained earnings) and then have that money on the side before diving fully into investing.

When you Sell the property if the next person wants to demo and build anything larger than the old footprint...the City will not allow it unless the New Owner pays to Mitigate the Flooding problem with a Retaining Pond, Connecting to a Canal, Storm Sewer or other means.

When giving their security deposit make them sign a form that basically states that the apartment is theirs upon giving the deposit (you won't show it anymore) but if they fail to sign a lease before or on the 1st then you retain the right to rent the apartment to someone else and that their deposit is non-refundable. 3.