For purposes of this Paragraph an environmental defect is a234 toxic or hazardous substance at a level and condition found above those set as acceptable by235 the United States Environmental Protection Agency, the Illinois Environmental Protection236 Agency, the Illinois EmergencyManagement Agency or applicable local governmental237 agency.

She was ot expecting that condition at all!

What if I find a potential rental property that is in fantastic condition and it doesn't lend itself to rehab and therefore hard money loan with refi?

PS, Phoenix is pretty big on pets, especially in the suburbs.More often than not, the price you're charging for rent isn't justified by the condition of the property or lack of certain amenities, (pets, appliances).

You would need to know the neighborhood and condition of the home. 

i want to do renovations to my aunts home which is in poor condition due to neglect of normal maintenance for decades literally, in exchange for gaining title to this residence. it is in a very good zip code in Westland MI and includes a large lot and one half.

But, if this great tenant has been conditioned to accept annual 3-5% rent increases, why would you disrupt that, especially in a period of high inflation?

I run a short term rental on AirBNB and after a year, the property is in excellent condition.

Units, location, condition dictates the program that works for each deal.

It seems like the system is set in a way where landlords can't really improve the condition of their house without knowingly loosing equity or cash flow.