The vital part of that strategy as with any other hard money lender would be to get your money out ASAP and get the new mortgage at a level where the property cash flows. 

Got into the habit of heading over with a sixer of beer every weekend night after my kids went to bed.

@Anthony TranClean the place up, get rid of the rats and be a responsible homeowner and landlord and give people a habitable place to live.

Stellar tenants.Though we don't make it a habit (and state in the rental agreement to mail rent to our P.O.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.At the bottom of this page is a list with help in it.

The laws relating to utilities, that I'm aware of (as a non-attorney), have to do with which utilities the landlord must make sure are available to the tenant as a matter of habitability, not specifying who pays for those utilities.However what I was told at one point is that judges have determined (i.e., case law) that in practice the landlord must pay for water and sewer - s/he can try to pass the cost on to the tenant, but it is toothless because the landlord cannot allow the property to be without water and so must ensure it is never turned off (and if s/he allowed that to happen, then the tenant may not owe rent for that period and could even be entitled to damages if it was found to be part of a self-help eviction).Some RI general laws you may want to review are listed below, but like I said, you're really asking a legal question so unless you find an attorney willing to weigh in here for free (which would be awesome), you'll either have to ask one directly yourself (on your own dime), research the laws yourself, or be content with non-attorney opinions like mine.Anyway, here are some relevant laws and you'll also want to check out the RI Landlord Tenant Handbook which is basically a plain-language explanation of the most commonly encountered LL-tenant laws:RIGL § 34-18-22 Landlord to maintain premisesRIGL § 34-18-22.2 Landlord's duty regarding compliance with zoning and minimum housing lawsRIGL § 34-18-31 Wrongful failure to supply heat, water, hot water, or essential servicesRIGL § 45-24.3-7 Minimum standards for basic equipment and facilities

The tenants areas of complaints were largely centered around what he called 'decor' and not habitability.

Don't pick up bad habits like making exceptions early in your career.