This has worked out well for them because they've made good returns, and avoided the concerns around turn-key companies as well as the numerous not so glamorous aspects of rental business, such as responding to complaints about clogged plumbing.

So it is inevitable to play out badly.The only way rent control can have a chance is if the tenants themselves understand that enacting these laws will only benefit the small amount of tenants that win the "Lottery" to say in their apt for a long period of time reaping the benefit and denying a more efficient usage of it to a more appropriate family.Human greed comes in and the tenant will eventually want to have their interest first before the interest of another tenant.The real problem is that the tenants are MUCH more numerous than the Landlord and this trend will be continuing.

But appraisers are human and a white, no clock Roper range with coil heating elements will likely lower the perceived quality of the property.

I self manage my rentals here but I know numerous hosts in the area who have made a business out of being a host on airbnb for investors in the area.   

I've been browsing the forums and it seems that many people are into leveraging their money by buying numerous rentals looking for long term wealth.

This is the reason many medieval jewish tradesmen found thier living as money lenders financing non-jewish nobles and clergy who were not allowed to practice usury amongst themselves.Banks in Israel build this kind of thing into all loan agreements in order to satisfy religious political elements and not forego entire swaths of potential customers.

We were able to use commercial funding and used a mixture of private funding as well numerous private and public lenders.

His response was that he's a single dad and (in effect) too busy to honor his contractual obligations.Also, based on your numerous calls and follow-ups, all of which were the result of lack of mentoring and an unclear business plan, you have demonstrated reasonable effort.  

Whether you want to call that a BRRRR, flip or just rehabbing a property, it all very similar in their own way.My sister has been working with properties for the last 10 years and owns numerous properties so I learned a good amount as I got older from here which helped :D

As an agent, I have met numerous buyers who have taken the train from Grand Central and walk to the houses they want to see, and they have felt perfectly comfortable doing so, and loved the ability to walk around, visit our local culinary restaurants and sightsee.