Going forward I would put a clause in your lease that all new pets must be approved by management, 2 pets max with a combined weight limit of 35 lbs.

That said, I have also ramped up my day job savings to combine with the cash flow and plow into new holdings.  

Usually the Spring market doesn't heat up until March/April but maybe the crazy low rates in January combined with the "summer" weather in February got people excited about buying.Your thoughts @Francis A. 

In other words, see what cashing out 50% from the rental and putting it into another property looks like to see what the individual and combined returns are.

Originally posted by @David Faulkner:Originally posted by @Mike Fletcher:Obviously your projections are skewed... because if I compare LA with a few of the other markets (removing leverage from the equation), there are multiple markets outperforming LA when you combine cumulative aggregate CF and Appreciation.

If condensation on the inside of the windows and/or energy efficiency during the cold months is a big concern, interior or exterior storm windows are options to consider.I'm not a big fan of modern wood windows.

Not sure if they guarantee the combined work, will find out though.

That's why I'm learning about the differences between sub-metering or instituting RUBS.A ratio utility billing system or RUBS billing is a method of calculating a resident's utility bill based on occupancy, apartment square footage, number of beds, or some combination of factors.Using RUBS to bill residents for water, gas and/or electricity expenses has several advantages including:- Requires no capital investment to get started- Enables owners to recoup a large portion of the overall utility expense- Can be implemented quickly- Immediately improves cash flow.I borrowed this example from Brooklyn R.

Day to day rehab decisions based on weather the market will pay enough for that upgrade for it to add value above cost VS what  home inspector may say "well that's fine, safe, & legal to leave that, but it would be better to upgrade it to something more modern."

When you combine both you get fantastic results.