I work in the tech industry in NYC and currently own two rental properties in Columbia, SC.

He had smoke detectors in all rental houses.

Activity DescriptionTenant recruitmentTenant screeningNegotiating and executing leasesOverseeing repairs and maintenanceCommunications with tenants and vendorsTravel timeResearch for potential rental real estate (pub 925)Acquiring rental real estate (pub 925)Paperwork/bookkeeping/bankingResearch and purchase of materialsRent collectionEvictionOn-site cleaningBill paymentOther:Time SpentDate

4) Are you in a negative rental appreciation market? 

@Aashrit LuthraI'm based in California so I understand how difficult it is to find a rental property that is cashflow positive.

If the cosmetics thing continues to be an issue when we tour properties together, I am considering buying a 'rental-rehab BRRR' house (like the one I mentioned at the top of this post) using my above criteria with my independent investment money, fixing it by the time our lease is up in August, leasing half of it, and trying to convince him to move into it instead of re-renting the condo for $1500/mo.

I then want to find away to house hack and start building a portfolio of rental properties.

Even if newer buildings can't price rents as low as yours, they might offer amenities or modern designs that attract potential tenants.Local Economic Factors: Consider local employment rates, major employers relocating, or any changes in the local economy that might impact rental demand.2.

He said they are not trust worthy because one of them wanted him to lie to say a rental was rehab when it was clearly not.

Would also love to learn about flips and short term rentals.