LTO's & Local Renting Regulations
How does the typical Lease Option/Lease to Own deal handle local renting regulations? Do you "fly below radar", or have a more proactive way to deal with city inspectors who don't understand creative investing?
Context:
I have a house with a ton of required fixes before it can rent again, thus [probably] blowing away by LTO plans. (See by other posting - still could use advice!)
-Mitch
MrLogic,
"How does the typical Lease Option/Lease to Own deal handle local renting regulations? Do you "fly below radar", or have a more proactive way to deal with city inspectors who don't understand creative investing?"
Where are you??? CommieCalifornia??
Context:
I have a house with a ton of required fixes before it can rent again, thus [probably] blowing away by LTO plans
Man...I JUST CAN'T BELIEVE WHAT I AM READING!
Has YOUR house been CONDEMNED???
OhWell....that's over MyHead....
....as always,
GoodInvesting, Rocky
Thanks, that was very helpful.
It should be obvious from my post that I'm a newbie, and don't have tons of equity in this deal to be eatten up by union contractors & permits.
I'd still like to know how you handle local renting regulations & city mandated repairs.
-Mitch
MrLogic,
Mitch......
Where are YOU located....PLEASE..
"It should be obvious from my post that I'm a newbie, and don't have tons of equity in this deal to be eatten up by union contractors & permits."
What do you mean by union contractors & permits?
"I'd still like to know how you handle local renting regulations & city mandated repairs."
I guess it's me....
....what do YOU mean by local renting regulations & city mandated repairs.?
....as always,
GoodInvesting, Rocky