I know very little about maintaining lawns, and I don't know if it's worth spending the extra money to have this lawn redone.

Market rents will (continue to) decrease as:- National wages decrease due to unemployment and potential deflation;- Banks start selling off commercial assets sitting on their balance sheets for far less than market value, allowing the new owners to decrease rents but maintain strong cashflow;- Investors continue buying very cheap REO properties, and are willing to rent them below market just to make their mortgage payments while waiting for the market to turn around.There will be less demand for higher-end rentals, as those renters will (continue to) flock to the foreclosure discounts.The winners will be those who buy property during the depression, rent it well below market but maintain cash flow, and then find huge equity when the economy rebounds...that's my plan at least

Total cost to me: $65 per apartment x 37 units for State inspection, $50 per unit for lab tests of dust wipe samples x 12 apartments cited, $700 for certified inspection & testing of the two "special" units cited.The law requires that you also maintain a yearly checklist on each apartment that basically acknowledges that someone has checked the unit for peeling paint, what date, who, and if repairs were made.Inspection of building #2 was a breeze.

Also, assume you will have to lower rents 10% to maintain occupancy.

Originally posted by Marcus LaGrone:Another option is to require the tenant to have a policy that covers their pets.That's a good idea Marcus, but how do you make sure they keep making the payments and maintain coverage?

History: As you may recall, we lobbied hard last year to maintain the right for individuals to make up to five seller financed transactions per year before being subject to mortgage originator licensing, etc...

Rental market is solid though for properties that are well maintained.

If they're pregnant with you as the buyer you might have the ability to push it a bit and if they don't go for the lower number (more profit for you) then you can probably still raise the offer to their original counter and close the deal if it makes sense for you.I maintain a buyers list of potential buyers in my area for residential and commercial property.

When it is sold it then becomes the new owners decision as wheather or not to maintain it on such a registry or remove it.

Find homes that look like they are empty or poorly maintained and try to contact the owners.