I decided to knock on the door of the home to ask the homeowner if her house was for sale or what we going on.

Currently we manage approx. 330 doors in the Memphis market as well as a 128 unit high rise apartment.

All in all it cost about 30k in materials and the labor for the upgrades (sheetrock, carpet, lights, bathroom, kitchen, windows, and appliances) and the person that we are working with did it for a very reasonable cost about 8k total due to the fact that he got a commission on the front end and also on the sale end.Then we listed the house in August and it sat then sat some more.

If someone claims something is missing after he works on their unit it opens up the door to a negligent hiring claim.

good thing is your monthly check from the gov't is always on time, the bad part is when I had a section8 tenants they gov't came by with a check list on the whole house.. making sure all the windows and doors where up to code, all the plumbing was functioning, all the outlets and electrical was up to code.

I do put a sign on the front door letting everyone know to turn the heat down to 50 and turn the water off at the meter before they leave.

. $50 per door is too low on a 3 unit property.

Better yet what do you thing about your next door neighbor not needing an inspection...

If your property is in a LLC you have to spend it on the LLC if you borrow and pocket the money it opens the door to pierce the corporate veil.

When you get into big money things are political, let's not be naïve.While I like the regulatory approach of the CFPB, my concern is more to closing the door to entry into the mortgage loan business.