With LT you have your typical maintenance of course and finding new tenants on occasion when a lease is up etc...

yes. commonly overlooked for some reasonthe rule is 75% LTV or 100% of HUDso before you close on the house, get the rehab invoice to the closing attorney and have them put it on the hud. then you pay UP FRONT and the disburse through escrow. then when you go to rehab, your settlement statement is cash outlay plus rehab.

I'd rather hold out for more low maintenance tenants who pay rent on time and are happy with a fair deal.

@Paul JellicoeInterac e-Transfer is the most common electronic payment used by our tenants.  

Tomorrow painting will start on the common area.

-Home Insurance -Mortgage Insurance -Property Taxes -Maintenance -CapEx Reserves -Mgmt -Vacancy

I am looking to buy my second duplex in Cleveland. Taxes in the "Heights" cities are high. Is it too rare to have taxes reduced? What I mean is that some properties that are listed around $100,000 have taxes as high a...

Most apartment owners don’t want to chase off renters by continually raising rents, he said, but their own costs were rising and many properties had years of deferred maintenance during the Great Recession.

I agree with @Ray Harrell - you need to understand what is common in your area.In Chicago, I would never recommend a landlord put in unit washer and dryer unless they are already doing a full rehab of the unit. 

It's common to have an illegal basement unit in Chicago but it's obviously a risk.