If it is approved by the Assembly Housing Committee on January 11, 2018, the Assembly Housing Committee will vote to grant local governments the power to prevent rent increases at the time of initial and subsequent rentals.

The power of showing a seller with red numbers on a document is much more powerful than simply throwing numbers back at him.The fact that the bank will not finance the property at his number may also sway him.My recommendation is to NEVER buy a property that negatively cash flows, unless an experienced operator can turn around very quickly.

This stuff has worked miracles for me in some rental houses:  https://www.homedepot.com/p/Instant-Power-67-6-oz-Hair-and-Grease-Drain-Opener-1970/100169339

Also in my county if it has been vacant for more than a year power is disconnected at the main, in order to get it turned back on electrical must be updated.

US sounds nice but its harder than it looks, key is to have a good POWER team

, more power to you and I wish you nothing but the best.

Also if you get a power failure your tank can o/flow so no toilet flushing, showers, laundry, dishwashing.

Just make sure your insurance carrier can get it done right.In either case, you will need to have solid paperwork signed at closing to ensure you have the ability to cash an insurance check if you ever file a claim, namely a limited power-of-attorney from the borrower to your title-holding entity.

They have power of attorney with the mother recovering from a stroke.

Laundry is a convenience for the tenants and not a real money maker-you have to pay extra water and power, plus the machine mtce etc.