Have a bad situation where former tenant unjustly is suing for mold.

Carola,I decided to go with Invelo, The main reason that I went with Invelo was for the benefit that I can speak with someone if I have issues.

I’m fortunate that my contractor often thinks outside the box regarding different projects and issues and finds solutions that may turn out better for situations we have been thinking of.

It becomes easy to find deals when you are rolling but you start having other issues such as how to operate your rentals etc.If you don't do this you will get burnt out very quickly.

Only issue is the debt service coverage ratio is about 1.0 piti (20% down) will end up at about 2400/mo rent is likely 2400-2500.There is some value add work which can be done in terms bringing the finished basement up to fire code so it can be considered living space.What do y’all think.

Patience, seller had contact issues and banker switched to two separate loans at the last moment.

Have you ever experienced any issues with the rent payment window?

Since I've never dealt with previous tenants, I'm looking for some advice on the best way to move forward...Unit 1:- Studio Apt- I did a walkthrough last week and spoke to the tenant; he mentioned the only issues he's had in the past year and half is that the cold comes through the windows- He and the owner both confirmed that the tenant is month to month and paying $750, but so far the owner has not provided a lease.- The owner did provide proof of payment, and rent is confirmed $750, but always a few days late...Unit 2:- 1 BR- There was a language barrier, she didn't speak english, and I think she was afraid to open the door so I didn't get to tour it.

They are trying to change these rules now, proposition is up for a vote in May.Note that some signs in austin violate some of these laws.

I guess it's surprising to me that the law allows for true non-owner occupied vacation rentals.