The intention was to give them notice now, that effective Oct 1, rents will be increasing to $$ and have them state their intention to remain or leave within 7 days of the notice.

Hi all,I’m a beginner investor, but if you purchase a home that is move in ready with the intentions to renovate a 2bd/1 ba into a 3bd/2BA will this create forced appreciation resulting in added equity?

You don’t want these inspections done with the intention of saving you money on ignored deferred maintenance turning into little nickel and dime maintenance issues that seriously impact your bottom line. 

Take care not to be so specific in areas that you become restricted in operations, but address areas in general to show the intent to accomplish other aspects rather than looking like you just operate on a lark, spur of the moment and on tangents.

Be sure you have it all written out in contract form before you get started so that there is no confusion as to everyone's intent.

There are a few living legends around; Jay Decima, Peter Fortunato, John Schaub et al and I suggest that readers make a social point to hear them while they're still actively speaking (and breathing).

That was my intention all along.....

I wouldn't hold your breath on that mall... they started planning for it before the bust and now, a decade later, they're talking the developer might not pull through on their end of the bargain and the land might revert to city ownership until they can find a developer who can pull the project off.  

My intention is never to see if they are qualified to answer my question or not...It's always pretty easy to assess the credibility of answers based on their content and sophistication.

I wouldn't waste any time meeting them in person once escrow closes and being clear and transparent on your intentions and reasons for the rent increase, as well as the new screening qualification - it makes sense if the rent will be higher then their income qualification will need to match that increase.