I do not like to take on tenants where they have limited reserves and experience and business has to do amazing first 6 months for them to make it.

Just wanted to confirm with you guys.

@Danon AlbertI had an introductory consult with my attorney and confirmed he can help me set everything up as needed (LLC, lease agreements, etc), but he advised I meet with a CPA soon as well, then bring them both together for a joint meeting to confirm our strategy before setting anything up.

When you don't have the financial background to support a loan (and you've confirmed with the bank this is the ONLY hurdle left), go out and get a KP in the deal.

and now that i look back ithink iknow what might have flagged me and eventually banning me from the platform. iwas on my way to Chicago and ihave heard about airbnb at that time but never cared to use it as inever really went anywhere besides that one time iwas going to an event.i then made an account last minute (an hr before arriving to Chicago) and started making a reservation.

If you can find SFH’s in your market that will pay your mortgage, provide for your other expenses the tenants don’t pay for, and provide for your reserves, (CAPEX, vacancy, Repairs and maintenance) and still cash flow a bit and that’s What you’re comfortable buying, do it!!

Thankfully @Jonathan Greene is not the buyer nor seller in this case, that I can gladly confirm!

For future situations,  reply to their 30 day notice with a confirmation letter listing your expectations for deposit refund: clean appliances, trash removal, yard maintenance, etc. and remind them of the 30 day stipulation so there is less chance for dispute.

It appears to also charge the NiCad batteries, but I have not yet confirmed this.Newer DeWalt tools use a 20V Lithium Ion battery.

(Must be in another area, lol).As an agent, and a property manager, (both specializing in commercial property), I would recommend the following only because seems like an off market property-1- Viewing the leases making sure current owner can sell as there is no ROFR.2- Any security deposits.3- Confirming tenants are paying with either an estoppel certificate or simple as viewing deposits. 4- I’m sure the title search will come up with CO on legal commercial with 4 Resi.