As the market is heating up significantly, I have had to become more creative to find deals that fit my long term goals.

I had a tenant move out in September 2019 and I did not go in to make it rent ready until the end of December but made sure it was cleaned out and the heat was at 55.Basically she never had the gas shut off and there was roughly a 2 month period that it was in my possession.

If I owned 7, and got this kind of heat from the other owners, that’s the possibility I would raise.  

I’ve always had a love for and been surrounded by real estate - my mom is still a residential agent in Delray Beach, while my father was a handyman then project manager for a GC/construction management firm out of Miami focused on multi-million dollar SFHs.

Heating, plumbing, electrical, water and sewer.How are the roofs, windows, siding and foundations?

COVD: unintended consequences, unexpected benefitsIn NEPA (Greater Scranton PA area) the market was starting to heat up in November 2019.

Rent roll:Apt 1, 3 br paying $1200, tenant paying utilities (due for increase)Apt 2 1 bedroom paying $1100 tenant pays heat and electricApt 3 1 Bedroom $1260, landlord paying utilitiesApt 4 Studio apartment w/alcove paying $1150, landlord pays heat and electricApt 5 2 BR w/office alcove. $1250 tenant pays utilitiesThere are 5 boilers for natural gas heat.

Look at the fall out of Miami during the housing crisis in 2007.

Dealing with pre-foreclosure sellers is a tough gig as a principal, I def wouldn't do it for a client.There will likely be some heated competition, but I recommend knocking on the sellers' doors or calling/texting them and asking if they want to sell the home to you. 

I upgraded the heating system to natural gas furnaces.