So my experience has been very different as it relates to SFR investing.

Per rentroll, total rent $4,260, HOA $1203, annual property tax $5,600. there are 4 or 5 apartment complex in the area. this apartment complex is below the average and rent is relatively low as well. there are quite a few office building within walking distance.

I only have three units so far so I'm still relatively new into being a landlord, so I'd be interested in what advice other landlords may have for this situation.

Hey everyone, I've looked through a lot of Meth House related posts, and based on what I've read it would seem that even if I want to take a house down to the studs for remodel, it would still be best to have the home remediated first. 

@Tariq K Frantz what often gets overlooked about these asset classes (and what Sam Zell relates to) is the long term success they are capable of creating, simply due to their intrinsic characteristics. 

Our thought though is that, since lawn maintenance is a tenant responsibility per the lease, he doesn’t have much grounds to charge for anything related to lawn (unless he tried to claim some sort of damage to the yard I guess).

Capital gain will be calculated as: (Sale price - Selling costs) - (Purchase price - depreciation + improvements + purchase costs)Additionally, the portion of the gain that is related to the amount of depreciation that was taken on the property will be taxed at your ordinary tax rate, up to 25%. 

Remember costs remain relatively the same (cleaning, etc) so the profits are far less.

And you can always require your renters to carry renters insurance.2- Landlord tenant law is state-specific, so you would need to research codes or reach out to the state real estate authority or your local metropolitan housing authority (MHA)....they are usually a good resource.You would need to check with your county auditor to see if there is a requirement for a "rental registry"...this is county specific...or could be related to city ordinance as well.

The mother died without a will and the daughter had so many other issues at the time that she just couldn't deal with it, she is relatively young and drugs were involved w her mother's death, so there are a lot of issues here.