Property owners will lose a lawsuit if the court determines that the property owner did not live up to this "reasonable" standard and determines that they "should" have inspected the area more frequently or fixed the problem sooner.Owners of the LLC are held to a different standard when determining their personal liability.

The great network of professionals that frequent this forum will sure prevent a few headaches and without a doubt set you up for success!

It was a tough time to be an FHA buyer in 2021 because the market was so competitive and those FHA offers did frequently get beat unless offering way more money.

It's a damned good thing I got my financial future solved before 45 as I shudder to think how it would be if I had to grind it out hard another 10-20 years. i should qualify all of this by noting that I grew up so poor we were homeless at times and frequently without electric, hot water, etc. and thus I have been working full or nearly full time since 9 years old.

Caution:  if this is a listed property and a realtor is involved, s/he may not be keen on presenting such options .... they frequently are more concerned about commission than client.3) Find a private lender willing to carry the financing ... you may need to pledge the equity in your other property(yes) as additional collateral and will undoubtedly pay a higher interest rate.

It is neglectful and dangerous to direct all to step into a casino and risk it all, because a very few will win. 

Ask the employees at the pro desk who comes in everyday or very frequently.

They're not late on rent and do frequent check  ups on the property. 

The renters move out more frequently, you are going to have more tenant conflict as well as tenants that are poorer and less able to pay rent on time and the 4 plexes don't appreciate as well as single family homes. 

Consider vacancy rates, and non paying tenants or continually having late payments always wondering will you be paid this month or not, or should you evict are situations you can run into frequently with this type of investment.