If a tenant is regularly late on payments, there is a very high probability that they will eventually stop paying or violate the lease in other ways that cost you far more than the late fees you see as "extra income."

The risk is very high when you are brand spanking new and you will definitely need to go through some transactions to get an idea of what you are doing. 

Our personal tastes lean more towards Reunion, but everything you read or hear about Championsgate suggests that calendars fill fast, high occupancy can be expected, and values stretch further in that development.

Active Market High and/or consistent transaction volume.

For the Northeast, your average remediation would be between $10,000 - $20,000 for a small scale, but if it's been sitting, it could be worse.Your biggest worries with an oil spill from a tank and remediation are two things:1. is there a water source that it hits.

I also have 11 other LTR doors in the city (also do extremely well).If you have a high capacity to save more capital you could do BRRRR's in Detroit.

Hey looking for multifamily 20k down cash flow 200 - 300k a month c class neighborhood high rent growth potential  

@Benjamin WeinhartMy experience on this tax forum tells me that highly technical discussions of the Code/Regs nuances are not well suited for this platform.That said, my 2 cents is that this issue is a matter of interpretation.

The length of time the deed takes to get recorded with the county which has also slowed the process of getting the water transferred to my name and 2.

I would say the cost if it does become an issue could be high but that is a call you have to make.