We had an issue with a neighboring unit where basically 2 families with a zillion kids moved in, and because state agencies couldn't prove it (they told us they look for number of cars out front and other things, and tenant said it was her sister visiting) no one could get them out until they destroyed the place.

If you send just anyone in there with some 55 gal buckets and sledgehammers, they just might end up destroying some stuff that you didn't want destroyed.

I did turn away some potential tenants along the way, but generally people who can afford to pay $3k + a month in rent aren't going to destroy your home.

What if the 1 tenant destroys the 1 house in a month then bails...

I've read a lot of warnings about section 8 tenants destroying units and being horrible tenants.

I used to be a 'find the deals in my local market' guy, but recently, the price increases in my local market have destroyed any deals to be had.

A roof, a furnace, a tenant that destroys the place, etc. are not an annual item (generally), but when you hit the magic year when they happen, it can be painful if you didn't allow for this upcoming expense in previous years.

So if it is zoned RT-4 but taxed as 7 units then it is considered "legal non conforming" which is perfectly fine EXCEPT when you, the owner, destroy/tear down the property then it must be rebuilt to conform with the new zoning.

The government allowed the wrong tenants to move in (druggies) and they literally destroyed the houses after turning the area into a crime-ridden slum.

Individuals are eligible for this program if their homes are located in an area that was designated by the President as a disaster area and if their homes were destroyed or damaged to such an extent that reconstruction or replacement is necessary.