They're not a 1 size fits all approach by any stretch.A lot of them were also thought of coming out of the great recession when houses were going at fire sale prices and people thought they were smarter than they actually are because they picked them up at such low prices.If it feels right to you, works for you financially, pull the trigger on it. 

The new rules active as of 12/31/2020 in MA require landlords to provide COVID protections documentation to tenant when serving the NTQ and sign an affidavit under penalties of perjury that the NTQ served was in compliance with these rules and federal law (Affidavit of Compliance with Section 1(a) of Chapter 257 of the Acts of 2020. - An Act providing for Eviction Protections during the Covid-19 Pandemic Emergency) when submitting the eviction case. 

Generally speaking if the area is good and you can attract quality tenants, if the cash flow is acceptable to you I say pull the trigger. 

With that said, I have been working on developing some metrics to help me going forward whether to pull the trigger on a deal or not, my metrics are based solely on my personal finances and what I want to achieve long-term.

As long as they maintain a cost level that is appropriate for the property, neighborhood, and local comps, there's no problem.While updating the property is usually a trigger for a rent increase, it's not the only reason it happens.

Never under estimate yourself, your brain is triggered to find answer and solutions when you are in a scramble of figuring things out!

Never under estimate yourself, your brain is triggered to find answer and solutions when you are in a scramble of figuring things out!

But prior to this coronavirus pandemic, if you were under age 59½, taking a distribution from your 401(k) would trigger a 20% federal tax hit and a 10% early distribution penalty which doesn't sound smart to meI want to know if now is a Smart time to take that money out and invest it else where where it'll multiply.

Painting will cost too and lead compliance. 

Make sure to sign an affidavit that you're selling a qualified primary residence when selling, otherwise the title company will report it to the IRS and may trigger an unnecessary inquiry.