If they don't pay, then it would be grounds for eviction.Raising the rent is an easy option, and it works well in markets that do not allow to bill back.I would see what the competition is doing in your market.Congrats on the dealGino

Turned out to be a very strong housing market with limited Custom Luxury Home Builds How did you find this deal and how did you negotiate it?

Feel free to message me if you ever want to get together and talk RE - love to hear more about what you're investing goals are in the Twin Cities market!

Local meetups are a great place to connect with MTR investors in your market. 

The Cleveland, OH market has a ton of Section 8 investment opportunities.

I've had my share of challenges, including dealing with the ups and downs of the market, but I’m committed to learning and growing.

This means I am constantly researching different sub-markets in the D.C. area to try and find the best locations for future growth as our fund looks to buy and hold our investments as do many of my clients. 

What are the typical terms when putting an LOI in your market?

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

First off, it is extremely difficult in today’s market to find any “deal” that matches up to his criteria, but in my mind I had actually found one.