Last I heard, they were planning to expand - as far as I can tell they cannot handle their current workload.The tenant can complain about a problem for months before it is fixed.

If there are things that need fixed, it’s the LAIC’s responsibility to fix them, if the owner doesn’t.

I FIXED THE ROOF AND CHANGED SOME DOORS THE PROPERTY WAS BROUGHT IN GOOD SHAPE !

I’ve recently finished reading J Scott’s “The Book On Flipping Houses” and found it to be extremely helpful in understanding most aspects of a fix and flip project.

Investment Info:Large multi-family (5+ units) fix & flip investment in San Francisco.

My landlord insurance will have to cover the costs of fixing the interior like replacing carpet, interior painting etc.

Investment Info:Single-family residence fix & flip investment.

In my market there are 2 reasons that keeping is smart.  1) the historical long term appreciation is on going, going back to when records started tracking the appreciation 2) the property tax is near fixed cost.  

I offered a price based on repair costs and a sale price they could get if they fixed it up (retail). 

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.