Therefore, we are interested to do an out-of-state BRRRR in Indiana for our second (and subsequent) property.We are very excited about expanding our portfolio starting with single family properties or small multifamily properties (duplex, triplex, or fourplex) and go from there. 

How do you draw the line as to what to bill the tenants for (ie, use their security deposit for) versus just writing it off as bad luck.

If you were to draw a square with Clinton and Flemington being the western corners and say, Martinsville and Bound Brook being the eastern, that would be the area where I spend the most time and effort in research and marketing.

this is why all those Casino's got rebuilt.. this is why many car dealers in Jackson built new facilities this is why commercial went up all over the place.. but downtown did not have a lot of vacant land and still did not have the draw at all to the higher end buying public..

In some case, a quarter mile in one direction might put you in a completely different neighborhood, so you might need to draw a box around a particular neighborhood in one direction, rather than a circle with a 1/2 or 3/4 mile radius. 

This company has not been easy to work with; the draw requests are always slow to be responded to, not to mention the inspection process has been a nightmare.

Several years later her sisters husband worked for me & told me that she had subsequently won $1million for an auto accident & then literally blew through it in a couple of years.

Lots of opportunity for both Cashflow & Appreciation in the same purchase in parts of Philadelphia, a big draw! 

Waiver.The failure by either party to exercise any right, power or privilege under the terms of this Agreement will not be construed as a waiver of any subsequent or further exercise of that right, power or privilege or the exercise of any other right, power or privilege.

As I dug deeper into the issue I learned that the previous owners knew of this issue and the fact that this property was not allowed to be renovated or lived in due to the failing system (and subsequent inability to fix it).