Let me know if you would like some tips.

From an operations stand point, make sure the quote from the contractor includes — full containment and HEPA filtered negative air movers that ideally can exhaust to the exterior, manometer with print out logs documenting the containment’s negative pressure throughout the mitigation, full removal of affected materials (drywall, baseboard), (wood framing can sometimes be sanded and then sprayed with a spor/fungicide), and finally an *inspection by a third party environmental hygienist for air clearance*.

It's good for me to hear that some feel we are at a tipping point in the market.

Any tips as I start this new endeavor are greatly appreciated!

Sometimes the seller outright lies about the quality of the tenant, there are many reasons why inherited tenants should net be considered a plus.

Any quality apartment near the Ualbany campus would appeal to professors as well as the large number of state employees in the area.

I will assume you have insurance against loss but the quality of the ins company can make a HUGE difference, and god forbid you need to be made whole from a catastrophe you will wish you had paid a little more for a top rated firm.

But others won't be able to afford the rent increase and will either have to find a cheaper and lower quality place, or stay and fall behind and have to be evicted; others will,leave because they are angered. 

What should I be checking in terms of the house and renovation quality before closing the deal.Inputs on this will be greatly appreciated.Thanks

I received a tip from an agent friend that knew it was coming to market, so I ran my numbers, prepared my cash offer with no DD and a fast closing, EM, and POFs, and submitted it the day it listed (yes, I had to pull my MIL's $$ a precious week early to do this).