None have ever said no, as they would not be accepted without it.For our SFRs in NJ, the tenants do have a choice; if they decline it, they initial a clause in the lease, stating that they understand that the landlord's policy does not cover anything of theirs in the case of a fire, flood, power outage, burglary, etc.

The technique you describe is a terrible choice!

However, the local who have been here with metal class incomes still have the dream of home ownership and fully renovated luxury options are not the best choice for them.

For owners it would be that they think of you as their own personal assistant and not as a professional and they monday morning quarterback every little thing that goes on in your property. 

Along with the FHA loan, check out the loan from the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.comI wish you all the best.

Purchase price: $280,000 Cash invested: $125,000 Acquired on the market, this 4-unit rental needed a full remodel, creating a perfect BRRRR opportunity.

Your PM should have proactivlely addressed all of this without creating any undue stress for you. 

Real estate investing is a smart choice, and I'm happy to see your interest in learning more about it.Best of luck! 

Look at trends in property values, rental demand, vacancy rates, and economic indicators to assess which market aligns better with your investment objectives.Risk management: Determine how much risk is involved in each choice.

Hey Raja,Assuming your property is in Portland the tenants would be eligible to receive Mandatory Rental Relocation Assistance (https://www.portland.gov/phb/rental-services/renter-relocati...) if 1) you choose to not extend their lease, or 2) you decide to sell the property and have an accepted offer for purchase.