Excess water usage = your tenants stealing from you, in my opinion.  

@Todd LeeMany investors do not think of this:Free and clear houses, have sellers apply for 80% first mortgage, get cashThen you  take over payments and give a note for any excess equity

My tenant mentioned to me that he overheard them talking about the 2 inch overhang off the edge, which sounds excessive to me. 

I thought it did cost that much but excess materials returned and all things done it was just under 1500$.  

I think the reasoning was based on a couple of things - unjust tax or something AND the fact that they were entering homes without a warrant.I would have to believe there should be some kind of legal argument for limiting a govt's (in this case, the state's) right to charge excessive fees.  

Best  -- Jim  I think the best solution for grandma would be to sell her property and purchase a small condo and use the excess cash to purchase a managed rental property to supplement her living expenses.

B2R will cost you $700.00 for a legal review to review the LLC docs and they also hit you you for some excess massively expensive insurance requirements - and you will NOT be able to sell any part of the portfolio off as they do not allow for deed releases....So you have to hold all the properties and NOT sell one until you sell them all as B2R prices then as one security.There are better sources that will give you a commercial loan and price it close to 6.5% if you have good scores...Your idea of closing costs are accurate...What costs are there involved in closing?

Currently anyone who meets the following requirements can be an accredited investor:(1) Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year;(2) Any natural person whose individual net worth, or joint net worth with that person's spouse, exceeds $1,000,000.You can find the full definition, which includes requirements for entities and businesses, at https://brelion.com/blog/article/Definition_of_Acc...Hope this helps!

This seems excessive to me based on the note from the city inspection. 

Add to that, the fact that we will be entering into another recession in 2017, in which, the storage industry always sees a HUGE increase in demand from people losing jobs, downsizing, moving back home, and from businesses pulling back, storing excess office equipment inventory, etc. - and we are poised yet again to reap huge rewards that are available in this recession proof and inflation proof asset class.