At the end of the day you've taken action to correct the situation and if the tenant thinks it's a health risk then they should move to reduce continued exposure....at least that seems like the common sense move.Disclaimer: Although I stayed at a Holiday Inn, I'm not a lawyer.

Something unique will definitely help the listing get some traction compared to the more common Condotels.

It's always a good idea to have your team lined up so that you're being as proactive as possible versus being reactive.Real Estate is an exciting journey but also involved, so reaching out to the community on here is an excellent move so that you can avoid common gotchas.Happy Hunting!!!!!

I think use of common areas could be the driver but they had no information from the landlord. 

The tenants are responsible for common area maintenance, water and garbage. 

The tenants are responsible for common area maintenance, water and garbage. 

Is that common to be able to do a 95% LTV cash-out refinance? 

Only issue is if you want to sell while construction is going on it might deter a lot of buyers (and renters)The duplex I sold IF I had decided to keep it I probably would have looked at converting it back to a triplex (its configuration probably from about WW2 through early 2000's)  - I would have needed to basically replace a couple walls,   modernize the heating system,   add a third and maybe 4th common electric meter,  and find somewhere (probably a shed) for a common W/D and locate a 3rd/4th water heater.    

There are 3 ways PMC's charge owners for Maintenance:1) Hourly: most common and is billed for the time servicetech is at the property and getting materials.

Pros- - Outstanding cash flow- Great small community with good school system- Mixed Units, 17- 2 BEDS/ 18-1 BEDS/ 1- Bed- Low vacancy rate- Common area laundryCons- - Extremely old building, 2 buildings total, an old school turns into multifamily living, built in the 1900's- Exterior isn't the nicest looking, it needs a lot of TLC. - Not the best location, the community that its in is about 10,000 people in the state of Illinois about 30 minutes outside of St.