Kaplan originally proposed taxing the owners of vacant buildings to raise money for homeless services, but she determined it would be easier to tax rental revenue that exceeds $200,000, because the city already has a framework in place for collecting business taxes from landlords.Wonder how that 200k is calculated...

Do any of you have experience in this area that would let me pick their brain over lunch on me?

I let the co-tenants pick the person they  want to screen first in this case since they are living with them. 

Final Note, my area is about 20 minutes from downtown St Louis across the river here in Illinois, investors from STL are picking off properties over here adding further scarcity.Just hoping to spark a discussion that might help me and others - where do you find your good buys?

Is it standard for HMLs to ask for a one-time deposit of $3500 that includes: 1) evaluators going out to property to determine whether it's a good deal, 2) enrollment fee and 3) "skin in the game"?

It seems like a decent prospect for appreciation and cashflow since it's situated between JHU and Penn Station and is the site of a fairly substantial development project (Telesis), but I understand the strength of the deal will be determined by what price and condition I acquire the property at. 

I called my closing attorney and he said that the taxes "run with the property" and that is no longer my issue and that the closing attorney for the buyer should have picked that up during his search.

@Caleb Heimsoth @Gary Headrick Yes, this looks to be subjective and determined by the SEC assuming the bill gets signed into law.

I will be asking my lender this question, but curious if many others have experienced this.I'm trying to best determine if this will be a potential roadblock in the refinance stage.Finally, if you suggest I redeem the property, would you say it's easy to do on my own or should I hire an attorney?

Pick the best ones that work for you.