You've listed what you can get in increased rent, but what would it cost you? 

I am curious about your thoughts on the new Assembly Bill 968 (AB-968), effective July 1, which mandates comprehensive disclosure of repairs and renovations from sellers who flip one-to-four-unit properties within 18 months of purchase.Thank you. 

If this property had been in one of the areas zone for more density they would surely have done a normal "Seattle six-pack" of 0-lot-line townhouses but instead they short platted 2 lots to still in effect end up with a six-pack even though in an area not zoned for it, at the cost of having to sell units as condos and deal with other ADU limitations (e.g. 1000sf limit).In 2023 the State mandated Seattle-style ADU regulations across all urban growth area cities/counties, going even a bit further (2 of any combination of attached/detached allowed).

When I ran my numbers I found the ARVs to be inflated and renovation costs underestimated.

They then told me after I was approved (which is when the cancelation fee takes effect) that it was personal credit cards.

This was a project that I needed to get done quickly rather than get it done cost efficiently.

Good Afternoon, Wondering if anyone could speak to maintenance costs on multi family properties in the great Portland market. 

This may have no effect on you at all because the servicer (the company you mail checks to) may remain unchanged.

Repeat clients mean more compensation with lower expenses (leads cost money) AKA more profit.

I have hate for no one.This is simply an observation or something that is important to understand when you are in this business- because when you go to turn certain units you may run into this big extra cost.