The inspector, a former firefighter and totally unqualified in this role, was convinced that smoke traveled DOWN the stairs, into the basement, forward 8 feet and then made a 90 degree turn to the right, then went forward 10 more feet before turning right again and then traveled another 8 feet or so to get to the electric panel.

I would have a section on the lease that points out whether they do have coverage or are declining coverage to CYA in case there is a loss and they starting asking you to buy them new clothes and a flat screen (which I've also seen from clients).

Do you hire a flat fee listing agent?

. - you're correct, you can get good returns on rent; you can also get lousy appreciation...even flat or negative appreciation.again, it's simple math - you can get your $300/month ($3600/yr) rent profit plus a $G in appreciation but the fact has always remained - the real profit is in appreciation (Grant $15,200 last year alone).I think it's hilarious how the tide has turned; everybody's chasing the rent w/ being a slumlord & saying we'll never get back to 2006/07 levels agin...i'm sure, back in the day, a lot of peeps here were chasing the appreciation...

I use Terra property mgmt out of Simi valley for mine, they charge a flat fee that includes two monthly handyman calls, then it's 50.00 per visit after that.

The kitchen has some old school wood paneling, but still looks to be in great shape.

Their fees seem high when you consider the 24% - 36% is an annualized return and the fees are a flat 6% setup and 2% annual fee.Be smart and ask lots of questions and ask for an actual example of reports from an account that would be about the same dollar amount as you want to invest.

It's not as if you are buying a 60" flat screen when you can't pay the rent.

The 3rd floor does not have a fire exit - but there is an accessible flat roof that could hold a deck and stairs down to the 2nd floor rear deck.

The 3rd floor does not have a fire exit - but there is an accessible flat roof that could hold a deck and stairs down to the 2nd floor rear deck.