If you know the turnaround areas (by being boots on the ground) and can self handle the management you can probably make a bundle in cash flow.and CASH IS KING!

My business partner and I are excited to share we’ve taken solid action in the past few months to get our business off the ground.

As for the thread in general - I am not pro rent control, but some of these doom and gloom comments are not born out by the realities on the ground   

At this phase of the market everybody with money but not always sense is looking for a place to invest.

I'm in my learning phase and just starting to analyze deals.

Most of these programs are only as valuable as you make them, so still be prepared for quite a lot of work either way.There is a middle ground here, which is building out your own network and providing value in the ways you can vs. hiring out.

I've sent him a strongly worded letter along the lines you suggested; nothing phases this freeloader.

‘Winterization MoldCrime, heat index, walkability, schools AsbestosPoor location, busy street, etc.TermitesDryvit, synthetic stuccoUrea formaldehyde foam insulation (UFFI)RadonNo parkingAge of propertyOld or no windows, unsecured building (SimpliSafe.com)Knob & tube electrical (60A), grounded outlets every 11’, GFI’sUnderground oil tanks, oil heatGravity or steam heat, octopusRoofing: Flat roofs, slag, slate, Yankee guttersPests: fleas, squirrels, bats, bed bugs, rats, etc.Chinese drywallNo firewallBelow sea level, slabLead paint (prior to 1978)>60% rehab, new construction guidelines & building codes (i.e.

v=xqhDooo6H6UI'm in the middle of piecing together my "boots on the ground" team.

If it were mine I (MIGHT) spray it white, and put shutters on it and add windows in place of the boarded up openings.As well as add a see through commercial style door on both ends of the hallway (rape and other attack prevention) if the area called for it.Cement a few park style BBQ's into the ground on each side (split them up to prevent tenants arguing) and park style trash cans chained to the ground (with lawn personnel responsible for changing out the bags).A repave and paint of the lot (might be a lender requirement).A commercial awning with WELCOME on it (in a bad neighborhood not everyplace seems welcome).The building name and address (easy for Police and visitors to read from the road).Some leasing signs and good look at the roof regarding replacement (for leaks) because the building looks neglected.Good bright lighting (up high on the building) around the building and parking lot at night, and no bushes (hiding places for attackers).I said (MIGHT) above, because I'd need to take a drive around the area and see the competition, to decide what I wanted to offer to make the building competitive without overspending.Also, I'd do that drive and crunch the numbers on it before being locked into a purchase contract for it, because it might be a pass instead of a buy.