Living in a unit often keeps new investors out of the most dangerous(in terms of crime and financial risks), that can be tempting to new investors.

Per City rules, if this passes it cannot be changed for 5 years.There is a lot more information about this referendum, how poorly it is written, and how dangerous it will be to both investors and renters (especially those who it is supposed to help!)

So I posted awhile ago that my husband and I bought a home at a foreclosure sale.  We did not do much due diligence but actually worked out well as far as title and cost.  But it has been a story of if something can g...

I'm not sure how the insurance market is in CT but it's something to consider, especially if the carriers have a similar inspection process.Things like knob-and-tube wiring, often found in homes from the early 1900s is considered dangerous and a fire hazard and should be replaced.  

I think this is EXTREMELY dangerous and I would say that it is a huge sign of maturity to seek critical feedback. 

Uhm yeah....what ever agent gave you that access is in danger of losing their license, and you have liability too with access to information, like how to get into peoples houses, which you are not licensed to have.

In areas where the rents are not keeping pace with annual expense increases such as taxes the danger is that future tax hikes will be fatal.Landlords must keep raising market rents to cover increased costs or invest elsewhere. 

. §§ 90.396, 90.40324 hoursViolence or threats of violence by tenant or a guest; intentionally causing substantial property damage; giving false information on an application within the past year regarding a criminal conviction (landlord must terminate within 30 days of discovering the falsity); committing any act “outrageous in the extreme” (see statute); intentionally or recklessly injuring someone (or placing them in fear of imminent danger) because of the tenant’s perception of the person’s race, color, religion, national origin, or sexual orientation; second failure to remove a pet that has caused substantial damage

It can be extremely dangerous if you don't have adequate cash flow, significant reserves, and upside value from the start.  

This results in FREE word of mouth advertising for your business which directly correlates to more Money for your business and investments.Rule #2 Don't get EMOTIONAL when it comes to Money this directly leads to losing money which would go against Rule #1 Emotions are very dangerous in business, this can lead to sympathy for others, for example a contractor asking for some money upfront (you will never see him again) etc.