The tenant or their attorney would get animated.

Many accountants seem great with a regular ma and pa store business, but rental properties are a whole different animal.

I looked this morning at a 3/2, built in 2005, that rents for 8-850, needs just a coat of paint inside, listed for 65k, and I decided while it was an ok deal my cap rate, cashflow, and COC are all better on the few duplexes I'm considering.

Yet, when you get into different stages, like when the inevitable cloud of dust is constantly coating everything you own, including the bedsheets you sleep on that you just washed the night before (for the fourth time in 2 weeks because its so damn dusty in there!)

Does anyone agree with this opinion, which implies I could even evict them now unless they could show a lease that specifically allows pets:[quote]If your lease does not state you can have animals in the property you can't.

It is correct that there is no place to include a deadline on the submittals, and if you pressure the listing agent and some snags come up (repairs, etc) then they may be less willing to go to bat to help you.Buying an REO is a different animal, and deals can be had, but you need to submit your highest and best off the bat, and if its a good deal, ASAP!

A few years & a few coats of white paint will bring them into line!

A little elbow grease, a fresh coat of paint, and it was ready for new tenants and we got $25 more per month in rent than with that old one.

Seems like the GC rehab experience would feed the REI well, but I can see the complexities, two totally different state and IRS laws & animals, etc.

I'm trying to decide what my highest and best should be. 7 Residential2 CommercialCommercial 1$850 GrossCommercial 2$725 grossResidential 1Rent = $650Residential 2Rent = $695currently empty, reaks like animal.