Good morning BP, Just closed on a property and putting together a leasing agreement for an existing tenant that has been month to month until now.

Hi All,I have been under the impression that, when a property with existing tenants is sold in the state of Massachusetts (and elsewhere in the country, but I am looking for information specifically regarding MA), any existing rental agreements between the seller and tenants are automatically assigned to the new owner.

If you really wanted to you could probably glue the tile right to the plywood or existing counter and it would probably last a while.

Due to city regulations I did not have to pull a permit on the fence since less than 50% of the fence was being worked on.

I would look into the rules and regulations for the MLS you are considering joining and then weigh your options.

Are there, perhaps, better located new or existing subdivisions that would be able to offer nearby parks, shopping, restaurants, access to a lake, etc.?

Eveything here is ridiculously overpriced and draped in regulations it seems so I've expanded my sights outside of the area.Locations of interest include; Northern VA, Pennsylvania, Florida, Georgia, NC, and SC.Plan:Small/Medium sized multi family properties 4-10 units. 2/1 up to 3/2 if available.Purchase price under $450,000 with a minimum of $100 cash flow per door after expenses but a target of above $250 per door after expenses.Cash on cash should be above 10% with 15%+ as targetProperties would be managed by local management company or Live-in manager.My plan, criteria, and areas of focus change with more knowledge gained.

Eveything here is ridiculously overpriced and draped in regulations it seems so I've expanded my sights outside of the area.Locations of interest include; Northern VA, Pennsylvania, Florida, Georgia, NC, and SC.Plan:Small/Medium sized multi family properties 4-10 units. 2/1 up to 3/2 if available.Purchase price under $450,000 with a minimum of $100 cash flow per door after expenses but a target of above $250 per door after expenses.Cash on cash should be above 10% with 15%+ as targetProperties would be managed by local management company or Live-in manager.My plan, criteria, and areas of focus change with more knowledge gained.

Great idea- I don’t even know that a state specific forum existed.

There are a lot of things to consider and there may be specific regulations about it, especially on the vacation rental side.