@Maddie Kirwin Those markets in Boston are awesome places to househack and I would definitely pull the trigger if you can.

We had been looking at all kinds of deals but never pulled this trigger, this one was affordable enough that we could just jump in and take the leap.

Well I think I’m finally going to pull the trigger on some long distance real estate investing.

I'm working with a real estate agent, and I've reached out to a few property managers and lenders, although I haven't landed on one just yet.My main problem right now is pulling the first trigger.

I recommend a Post Compliance Assessment Determination (PCAD) every 5 years or so.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

@Carmel Duffy in the future just have your lease specify the penalties for non-compliance.

This is your leverage to ensure compliance.

Zach, did you ever pull the trigger and invest? 

I would like to see if anyone can help with some input regarding the valuation of a new multifamily property to be built, still in the planning process and it’s my first project, the lot is going to have 4 units and 1 detached adu and probably another adu that will be converted after i get the certificate of compliance, as it is allowed by the state of California, ive been reading some confusing things about the appraisals of adus, so how does it pan out when it comes to multifamily properties?

I’d add that if they trigger the escalation clause, they must provide a copy of the offer