1979 NACU 2bd mobile home.I basically have one concern ~ there is a open pipe on the roof, perhaps once used as plumbing vent (we are unsure where they've been rerouted).There was a nest inside, I poked and prodded, no softness, no mold or mildew within field of view.I'm just somewhat worried, it seems this pipe has been this way for a very long time, it crumbles to the touch.

. $10k later they are off my back.Three months later…We closed on this duplex in New London a month ago to house hack a bit and live mortgage free.Took me awhile to find an insurance company because of the age/size and style of the property (it’s 5600 sqft, Victorian built in 1900).We ended up going with State Farm.Usual thing happened; guy comes out and takes a look, gives a few things we should “look at”.Tells me about a tree that needs trimming and a set of stairs on the deck needs repaired; no big deal.Two weeks after closing we get a call from SF that we have been “randomly” selected for a 3rd party inspection.Two week after that we get a call from the agent saying we now have 4 things we must complete to include CUTTING said tree down, replacing windows, fixing the stairs and now I have to paint the CEDAR shingles on the garage because only half of it is painted.As you would expect, I took this news very well and only raised my voice with the guy a little.He told me I had 60 days to fix or start the repair and that a letter would be issued on the 20th of August.Silly me, I though this letter would outline what I needed to complete.NOPE, it was a letter from SF saying that my coverage was declined and was accompanied with a refund check for my premium.Turns out that 60 days is from the date when the policy was issued, not the date of this letter.So we are now 30 days into the 60 days repair window and I’m just now getting the information… Oh and that 60 days also include a couple days to insure the agent has time to come out and re-inspect and send it to underwriting.So my 60 day window was actually only 20.Additionally, every time I call them to ask a question, I get yet another list of things I should fix.Stop giving me your opinion about what you think I should do and tell the required recommendations you need me to do so I don’t lose my insurance policy!

Maybe invest what you have and get a small return, or negotiate a cut of the deal if you do a good chunk of the work.

We are maintaining a portion adjacent to a home that has pets and need to keep the fence intact.The contractor is cutting the posts at ground level and has instructed us to put topsoil over the what remains of the posts.  

I am just not cut out to be in property management, although generally it has gone really well and I've made a decent ROI.  

If you get locked in under the market rents it will not only create a legacy of low returns for you, but it will also be an issue for future buyers.  100% you will not be able to do step type of rent increase to market, RAP just won't allow it.I understand your concerns about your tenant and that is something that you have to personally consider. 

Most experienced agents will have a Minimum $amount commission they will work for, and sometimes the buyer agent will have an agreement the buyer will pay extra if they are only receiving a cut rate % from the listing broker, but......these need to be disclosed in writing and agreed to by you Before making an offer.Yes, this is BS if not disclosed/agreed to upfront.

If crime is your concern, find a neighborhood that is less dangerous and/or up-and-coming.

Besides it cutting my personal mortgage in half before the $850 rent from one side, it would also put me closer to my 9-5 and would put my wife within 5 minutes of school.  

I get about 300 extra from rent that i send back to the home to pay off faster (cut the loan by about 9 years.).