AS @Kevin Sobilo pointed out this is very STATE specific.some states is quite clear cut others it utterly complex.

But as Kodie stated, you will need to be cautious on how the offer is written and make sure you did a thorough job of explaining the deal to your hard money lender so they do not back out and you lose your EMD. 

Hi all, I took the leap into this business a few years ago purchasing my first rental which was out of state. 

Many companies I found do not want to cover a lot of homes because of the items you stated but with that the hurricanes and also in florida many roofing companies have done the "I will replace your roof for free, just let me deal with the insurance company".

We rented to an LPN and a state employee Section 8. 

Are you planning to invest locally in New York or are you open to investing out-of-state?

Property taxes have been a big topic of conversation, and I'm curious - what's it like in your state? 

I am based in Oregon and I am planning on diving into the world of out of state investing.I have bought and sold a couple of  homes here locally but would love to start growing my out of state portfolio which I have very little experience in. 

The PM is stating that HUD dept was not responding to their inquiries for updates and payment information.

Bottom line: you have to know your state's landlord/tenancy laws.