There is fire wood left in the backyard by previous tenants and hope not but what if snakes starts living there and bite the tenant will it be our liability?

We are closing soon on a multi use building, we plan to live in the apartment but it needs a complete rehab.

I am a new(ish) investor living and operating out of England right now.

Self manage - Its the no one can do as well as I can - mentality.Seems like even the "good" managers have self lives.

I am looking to live here and eventually house hack so as this opportunity already has 2 trailers it seems like a great fit for me. 

Also want to name, I live in a STR permit approved area. 

I found a multi family that’s within my budget but in the remarks it’s said to be a tear down and there’s a tenant who is still living there.

Honestly if you are never planning on moving back to the house (or the area), you are not going to cash flow especially after you add in insurance, repairs and maintenance (assuming property taxes are part of your mortgage).You have a friend willing to buy it off market-double check fair market value and sell it to them.My understanding is I would pay zero in Capital Gains because it was my primary residence and I lived there for over 2 years.

I am 28 years old and currently live in Findlay, Ohio.

A lot of these blogs I am reading are from out of state with very low cost of living so I think If someone from this area could answer this, it would be very helpful for me.So my husband and I are currently living in one unit for the past 4 years that is part of a triplex/multifamily property in Belmont Heights in Long Beach, Ca.