PILE UP CASH IN INFLATION PROTECTED EASILY LIQUIDATED ASSETS if you want to have the time of your life as an investor in a few years.

DC has very strong tenant protection laws so it could potentially take years for the existing tenants to move out on their own (at which time you could convert that unit to market rent for the next tenant).I would NOT count on eviction as a strategy.

Protecting Tenants at Foreclosure Act of 2009 has provisions requiring notice of 90 days before starting an eviction for the initial successor in interest to the property.

$100/m going toward balance- can do only cosmetic work during lease period.I need some advice on a counter proposal and also some terms I should include to better protect me from being accused of 'violating the lease' and taking my deposit.

The CFPB was created in 2011 under Dodd Frank and it is an independent federal agency that holds primary responsibility for regulating consumer protection with regard to financial products and services.

One of the "protected classes" is age/familial status.

Also look up 'protected tenants' and determine if you have any.

Again I dont know if an LLC would protect his $250,000 in the deal, in case something unexpected happens and I cant make payments.

Basically they named the price that they want to walk away from closing with and expectation is I cover the net difference.My question is this: while I am pretty certain that the closing costs will comprise of the typical costs (attorneys fees, title fees, etc), should I be protecting myself from any unknown closing costs that may be a surprise when I get to the table, by way of language in our written contract?

What are ways to protect against the risks?