it will be a big issue when someone breaks in and robs them (or worse).or when they hold you responsible for the high utility bills.I think you should fix the window.

What method (Cash-out refinance, HELOC, or Sell), do you utilize to continue your investment strategy when you have equity.

Well because I could not commit to acquiring my first property with the remaining time in the year, I’ve committed to analyzing 2 deals a day to post on the forums here.It will allow me to gain knowledge and advice from experienced investors and also give other investors like myself (or soon to be investors I guess) an opportunity to contribute as well.Even if they haven’t done any deals, they may know how to avoid common mistakes while analyzing that they’ve learned since they’ve started on their path to REI.I know it may not be much, but I’m really hoping that others in my position feel inspired to contribute more than the normal “Hi I’m a new investor looking to learn from everyone here on the site” and those more experienced are still willing to share their experiences.Thanks everyone.With that being said:Property #12-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.8k/moOperating expenses (per month):- Vacancy: $190- Repairs/Maintenance: $35- Taxes: $300- Insurance: $133.33- Property Management: $190 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).

Thanks, Dan Dietz Daneil, A situation like yours is common. 

If the building WAS a SFR at one point, then you might need to some serious investigative work to make sure all of the utilities and plumbing are cleanly partitioned.

I hope to utilize the BRRRR strategy to eventually own a larger apartment complex and/ or mobile home park.

Know who the big players are and if they are vulnerable to a change or even if it can be affected by changes in Climate.Getting a lot of these kinds of knowledge only make Common Sense.... but as the saying goes, if Common Sense was so common, would we be saying it that way?! 

The three most common products that qualify for 1031 treatment and tax deferral but are absolutely passive in nature are the Tenants In Common (TIC), the NNN lease or ground lease, and the Delaware Statutory Trust. 

However, now you (depends on how this Trump tax bill works out in 2019) can write off many things that deal with the rental property: depreciation, interest rate, fix and repairs, utility, traveling to rental unit.

Bed bugs are becoming a lot more common.