While the long-term effects of the pandemic on the retail industry are uncertain, it’s critical that investors closely monitor tenant mixes and uses to develop a better understanding of potential future vulnerabilities.TIP: If you are evaluating an investment and are concerned about the financial stability or viability of the tenants, underwriting a higher vacancy level or reserving more capital is recommended.

Purchase price: $90,000 Cash invested: $34,500 Found this 7 acre tract on realtor.com listed at 150k which to me was a great deal being it was border line of being in the city but still pertaining to county jurisdiction.

My concern is that 2 months of vacancy, 4/6 weeks of reno then 2/3 weeks of marketing can take me to end of Summer/school begins/ prime rent season.Oh yeah a potential loss of 7K rental income.But besides being great T's, there are 4 months for her to prepare

I'm sure it might work for some folks, but for security/liability concerns with a bunch of diffrent guests all in a shared space I wouldn't want to deal with that.Mike

Also concerned that the county bought the land across the street and chain linked it all up (not sure what they plan with that, any way to find out).  

The reason being there's always those that take it too far, allow too many people in their units, huge parties with no concern for neighbors that are residents, etc.; and owners are too far away to actually check properties, so I can see the desire for having owners living close by. 

If you bring this to light with BP administrative staff, I am positive they will work to address your concerns. 

The main concern of any private lender is the value of the collateral.

During the walk-thru the tenants would naturally bring up anything that concerned them which allowed me to address it.

Concerning the cast iron.I would 1st, like to know who is requiring you to replace the cast iron?