Money in hand sounds great, but my portfolio strategy (even though it’s currently small) is long term buy and hold.

Doesn't mean you even need to go through with it.

This could also mean making decisions that allow your business to operate independently from restrictive partnerships, heavy reliance on a single client, or dependence on specific market conditions.

Tenants never change the lightbulbs on them, and not sure if they even get used.

They also will be active in looking to help you find properties, probably even off-market.

I’m uncertain if single family or multi family properties will hold more equity in the long run or if the equity built is mainly determined by the market you invest in.

Plus, we're introducing a Reconciliation feature soon to streamline financial tracking even further.Each platform has its strengths, but if you have specific questions about TenantCloud, feel free to reach out.

-Taxes-Home insurance-Mortgage Insurance -Maintenance/Repairs-Capex-Vacancy-Property Management (many include this even if you don't plan on initially offloading to PM)-Utilities Let's say all in expenses are $2,000 per month for easy math purposes. 

Snow, then you don’t have a deal.Looking at it differently, instead of offering a lender a return that doesn’t even meet the rate of inflation, why don’t you offer your seller $200k for the property?

They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.