When we buy we always require the deal to pencil with positive cash flow of about $300/month for the kind of houses we like.If I had a property that was not cash flowing I would seriously consider doing a 1031 exchange to get into one that does cash flow.

Law: Illinois has a law that requires (I believe) the insurance company to give a 'General and Special Taxes & Demolition Expenses' Form (Important info for this issue) to the city when claims/damages are over a certain dollar value.

Once will require a lot more effort than the other meaning you will need to spend more $$$$. 

The California law also allows the DHCS to develop identification and remediation standards for contractors, owners, and landlords and requires landlords to disclose to current and prospective tenants the presence of any known or suspected mold.http://www.nolo.com/legal-encyclopedia/mold-rentals-landlord-liability-responsibility-prevention-30230.html

Here's an explanation with a sample at the end:Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called estoppel form or agreement).

So, likely their line connecting the way it does is acceptable although not meeting current requirements and likely you can't make them change it.

Given many lenders are willing to fund soft costs such as construction management/development fees and items such as leasing fees, and incorporate contingency line items up to 10% (even if you don’t believe that’s necessary) if a combination of these were theoretically incorporated into the project pro-forma that’s utilized by the bank, the project costs might appear inflated and require slightly more cash up front.

I work with clients from more developed areas of the country all the time that are looking for better ROI without the same bulk of capital the big markets require just to get started. 

I hopes simple implementations can save you thousands of dollars and countless hours or pain lol...Real estate is fun but needs to be respected and without that level of attention and respect it requires.

Let's dive in and unravel the intricacies of lease signing, ensuring you're well-prepared to make informed decisions and secure the rental property of your dreams.Application ProcessWhen applying for a rental property, it's important to understand the application process and its requirements.