We'll see unemployment tick up in H1 24, and I believe a Fed Funds around 4%(3.5-4.5%) by EOY 24.Now if something unexpected happen, like war or a huge bottoming unraveling, then I would expect to see an even quicker pivot in rates.

Keep enough money aside to improve the property up to the level of the surrounding properties, and some more money left over for unexpected expenses.

Properties should pay for themselves with some cash flow left over to cover unexpected expenses.

Two weeks after I got into a terrible car accident.

And you'll have new cracks in unexpected places, old cracks that will not close, but instead enlarge.

This comes as a big surprise, of any city in Michigan where I thought Airbnb was there to stay, Detroit was it! I still think this could very well change. Any Detroit hosts care to comment? https://www.freep.com/story...

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

While I expect tenants to be fiscally responsible and plan for unexpected expenses, I also recognize mistakes happen too.

Reason is to limit personal liability away from brother in case of accidents or being sued.

We know unexpected things come up in life so let us know how we can help.If you are interested we offer quick and convenient closings by:All CASH closings“As-is” Sale, no inspections or repairs needed No Clean Out NecessaryYou pay NO commissions or feesI completely recognize that timing is everything, so if now isn’t the right time maybe just set this letter to the side for down the road.