None of the jobs are big enough to sub out, so expect to be touching up paint, fixing flooring, adjusting downspouts, confirming that the stain on the drywall in the basement is black mold or actual water damage, etc.

On-line brand recognition is high, resulting in 67% direct reservations, 17% via Air BnB @ 3% commission and 16% via Booking.com and Expedia @ 15% commission. 

There are annual inspections and if tenants damage your property and cause you to fail the inspection, they will immediately stop your rent payments until YOU fix them to a satisfactory level.  

The landlord used the damage deposit and last months rent that was paid at move-in to cover the tenants rents for April and May.

A gas-burning water heater shall not be located in any bathroom, toilet room, bedroom or other occupied room normally kept closed, unless adequate combustion air is provided.

@Villy Ellinger To date, I have not seen any category of rental (STR, Commercial lease, multi family) able to trigger Loss of Rent coverage under their insurance policy.Typically, business interruption insurance is triggered by a direct physical loss or damage.

I do not want my new units to be damaged by this and looking for a solution Cheers, Yuriy

I'm talking like 25% or lower, like a property listed at $1m that someone closed at $750k without there being some kind of major structural damage found in the property.Any tips for coming in super low that you all have found to work, or at least, keep the negotiation table open and hot?

The windows weren't installed correctly either which we had NO IDEA about until they started falling out of the frames which is a huge hazard as I am pregnant, not to mention is damaging to our property?!

The COVID-19 panic is damaging a lot of businesses but it's smarter to ride it out in my opinion.