Regardless of your choice, just remember that fear is part of the game and it's normal to have it but never let it consume you when the I's are dotted and T's are crossed, sometimes the only way is through so take courage and go on your way!

If you want to be a PM, then go through all the channels you need to and protect yourself. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I like umbrella policies for asset protection. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

I question how this could provide cash flow worth the effort.The rent per unit of $500 will get largely consumed by expenses. 

Its been a while since I've posted on Biggerpockets but I'm constantly consuming video content on YouTube.My name is Ray and I'm a Real Estate Investor in Rhode Island.

The fourplex only exists because the zoning has been grandfathered in, on paper it is R2.This is my understanding of how SB 330 would affect my project:If I raze the building, I can't build anything less than four units ("An affected city or an affected county shall not approve a housing development project that will require the demolition of occupied or vacant protected units, unless all of the following apply: (A) (i) The project will replace all existing or demolished protected units.)Additionally, because the units exist under rent control (market rate), the rents of the new buildings in the future must also be rent controlled.

Very time consuming unless you can afford to hire a bird dog or 2 to do it for you. 

So first I want to say thank you to the Biggerpockets my gosh I have consumed so much material Over YouTube and soon the forums to give me the confidence to push forward on my investing journey.