From those one looked fairly good, well managed on the upswing as a new owner had come in and started remodeling and kicking bad tenants out. 24 unit complexList 565,000Purchase Price 535,000Gross Rent:138,000Less Vacancy(10%) 13,830Operating Income 124,470Property Tax 8,837Insurance: 6,900Management(6% after vacancy): 7,468Maintenance(6%): 8,298CapEx(6%): 8,298Water: 8,400Waste: 2,700Electric: 8,400(laundry room, hot water heaters, security camera's)Cleaning(unit turnover): 1,800Landscaping: 600Operating Expenses : 60,301Net Operating : 64,169Loan Payments(100% financing): 42,369Cashflow:21,80024 units - 16 2bedroom and 8 - 1 bedroom lofts.

Bad faith tenants are unlikely to pursue landlords for damages when they know any bluff will be called in short order. 

Are there companies that are good at eradicating odors or am I better off doing it on my own. 

Take some photos before , during, and after your project, then share with us the good, bad, and ugly.Being a landlord is not easy, but with a team,  Its money in the bank !

"bad debt" but (suffice it to say) not all debts are similar. 

Just keep after it and I guarantee if you want it  bad enough you will prevail! 

It’s not a rental house with a 2.2k mortgage and 1375/mo rent - I agree that would be bad news!

Looking to rebound and I hope BiggerPockets will prevent me from making another bad choice.I’m starting to evaluate multi family homes.

I recently purchased a home in a small town within it's city limits. There is sewage and water lines provided by the county just a block over. My plan was to fill in the old septic system and connect to the county lin...

Too bad you can't make it tonight!