Basically, we are printing money by adding square footage. 

They just recently completely renovated one side of their A House Duplex and added another bathroom.

I am considering adding a clause to my rental agreements stating that I would only be exterminating for any pests within the first 2 weeks of move-in.

The deals we are finding are the ones where are able to add value through rehab, management, adding pet rents, garage rental, creative income sources such as vending, internet, short term rentals, etc. 

Recession resistant asset class (people downsize, move in together, move back home, etc. during recessions)Cash flowing asset (not dependent on market appreciation)People buy a lot of crap and toys during good economic times (and need a place to put it)75% of the facilities in the country are owned by non-institutional owners (opportunity for adding value)Small ($10-30) rental increases create large increases in NOI and property valuationSticky tenant baseUnits are easy to maintain (brick and metal, no amenities, little landscaping)Location, population growth, and barriers to entry matter. 

This was method number 2 which now added up to 6 houses within this period.

This also has the added benefit of placing the liability on the PM LLC which doesnt have assets so there is nothing to collect if you were to lose a case. 

I am assuming everything except gas but I am unsure and can’t find an answer on google.

.- you can google hard money lender and they will pop up if you want to go that way.There are tons of others, there are a lot of resources on the site and books that go into depth like the ultimate guide BP puts out.Good luck!!

Seems like the $30 a year is still the same but I guess now you have the added inspection cost plus any remediations they decide on.