It has 30 pads, plus 2 SFH rentals, plus an office/storage building and an unused laundry building.

Less locations to manage, less focus on the borrower and more on the NOI of the property, more potential cashflow and valueadd, fewer mortgages, economies of scale etc.Also consider other commercial properties like office, retail, storage, industrial etc.

If there's anything of value (sentimental or monetary), then I hold it in storage for 30 days just in case the tenant comes back for it.

We first told the city we wanted to build an "office", but they nixed that and stated unoccupied is only a garage, storage or shed.

Hi just bought house 1 and it does have some active knob and tube wiring, Was going to re-finish the house with new drywall, fresh paint, and floors before renting.

@Andy Crooks phase 1 reports are typically required for developed properties because the operations can involve storage, use or generation of hazardous materials (e.g., dry cleaners, light industrial), building materials may contain hazardous materials (e.g., asbestos, lead paint).  

The issue is that the city could make your take it all down, start fresh and also require you to pay penalties + interest.

For our storage closets, we’ve put in keypad locks purchased on Amazon called orangeiot and they’ve worked well for us.

Give it a fresh and sophisticated look, with one of these 2021 paint colors of the year: 🎨 Aegean Teal (coastal blue) by Benjamin Moore🎨 Urbane Bronze (brownish-gray) by Sherwin-Williams🎨 Soft Candlelight (muted yellow) by Valspar For more design-forward tips to spruce up your home this year, contact our team!

Painting and fixing throughout house, plus a decent kitchen reno and cleaning/painting storage room.What was the outcome?