The reason is they simply understand more from owning little houses to now grouping all those tenants into one large property.That is easier for them to transition then trying to figure out hotels, self-storage, etc. for their first buy into commercial.Yes Joel, I agree the natural progression is from SFD to multifam residential.Without specific training in other business properties and a sound business background, things such as strip centers, hotels or even gas stations requires more the RE knowledge to be successful.

Buildings reach a natural demolish phase unless you make new again as everything has a shelf life expectancy.

Move out can be key to reduce wear and tear and get the tenant out in time and trouble free...Human nature is to focus on the new tenant, but you have to wrap up the old one properly.. 

This needs to be done by your attorney as it can eliminate aspects of the nature of limited liability in the structure.Your liability should be to the extent of ownership in your corporation.Admitting new members to any entity requires a close look from both sides, being admitted means you accept all liabilities and contingent liabilities created prior to joining, those allowing a new partner need to ensure the party admitted can carry their share of risk.

Remember, I know nothing about the nature of the investment.I would probably want, at least, a 10% return on my money.

It's a really beautiful property and only 5 mins away from Golf Course. 1 master bedroom with 1 master bathroom. 2 regular bedroom with walk in closet.

Each piece has a ridge on back of lower surface to "lock" the block into place and give you a natural setback to wall.

Consider how easily a peril or condition can exist and be taken away, if something can be popped up in ten minutes and taken away just as quickly, a landlord will have very little control over the matter.Instead of getting tied up with liability paranoia and trying to micro manage tenants as to allowing something or not, get with your insurance agent, see what they think the risk is in that area, what claims experience they have with such issues, if the exposure is insured and explain the competitive nature in renting to allow your tenants to have a life.If you are adequately insured and have taken reasonable precautions you should be sleeping just fine.

It's been 20 months since our previous renters left it needing extensive cosmetic repairs to rent; It's a beautiful refurbed 1925 bungalow with all new wiring, plumbing, etc. and an added bath.

I'm laughing right now.How come on TV lesbians are always beautiful and exciting but in real life they tend to look like Larry and Curly from the 3 stooges?!