Several leaning or diseased trees in yard7.

The condo we bought we had to Short Term rent it to just break even.Given my experience, I would suspect that many buy and hold investors who bought before the crash probably had very lean years if they held on. 

That also allows your cleaner to wash at home if they find it more convenient (though some will charge more given the electricity involved).

Hey Lucas, you'll be hard-pressed to find someone who knows every market in Philadelphia well enough to lean on, other than general insights on areas outside of their typical domain.

They say the control and buy-sell provisions are language that is required as part of the docs per the institutional investor but that the institutional investor is really leaning on them, the sponsor as the operator and advisor.

**Advantages of HELOC*** HELOCs are a convenient way of funding one-off needs, such as a down payment on a second property, or renovation.* Interest is paid only on the sum borrowed, and during the drawdown period, borrowers can repay just the interest.* Upfront costs are very low.

I'll be self-managing, and I've read that an LLC will not remove the liabilitiy from me if it's self managed.I'm leaning toward no LLC, $300k liability per building + $1MM an umbrella policyMy investments are in Montana - An investor friend of mine is being sued for a slip on the ice on a sidewalk.

Someone might have lower rents, so the 50% rule makes it seem like they have enough expenses, but when you look further, they're running it extremely lean at $3,400/unit/year.

As I said above I’d like to get started and am leaning towards buying a multi family rental.

Most of my tenants are liberal leaning atheists with low motivation and lacking goals in life  .