Good morning all,I’m a landlord in New York City and would like to know how to move forward if tenants are damaging the apartment.As the landlord, I understand that if the stove stops working I have to get it repaired or changed but what if the damage isn’t natural?

The answer here is with the nature of what we do – we are real estate investors.

I know sometimes they get characterized and grouped together, but this would be very different with the schedule C and active nature of what I'm planning to do.

How does one actually perform adequate due diligence on these types of deals? 

Confused because DSCR by nature looks at the income the property is generating and not your personal income or credit I believe. 

The primary purpose is to assist eligible veterans in purchasing, building, repairing, retaining, or adapting a home for personal occupancy.Asset Protection Strategies: If your goal is to protect your assets, there are other strategies you might consider:Insurance: Obtaining adequate insurance coverage, like homeowner's insurance and umbrella policies (as @Greg Scott mentioned), can provide a layer of protection against liabilities.Homestead Exemption: Some states offer a homestead exemption that can protect a portion of your home's value from creditors.Trusts: In some cases, placing the property in a trust can provide asset protection, although this can be complex and requires legal expertise.Legal and Financial Advice: It's crucial to seek advice from legal and financial experts.

For some people this comes naturally but everyone can learn it. 

But I am not convinced and think that the world the technocrats want to build is not compatible with human nature and our purpose for being here in the first place. 

So if the landlord only owns one four-plex, or two duplexes, or a single and triplex, and the landlord is a natural person (not a corporation or partnership), or the landlord is an LLC in which all members are natural persons (no corporate or partnership members in the LLC), the landlord can still require two month’s rent as security deposit.So for those CA investors who invest in properties with four rentals or less, and place each rental property into its own LLC, and the LLC members are all natural persons, those investors can continue to require two month’s rent as security deposit.

@Martin NestaI don't have much info for you - but I do know the 'nature of the beast' I can share with you... perhaps something will help...Most property tax "just values" in Florida - the value they say your property is worth - are intentionally set about 15-20% below market value.