OK, what’s your plan for housing then? Run right out and purchase your own home? Got the cash and credit for that I assume?
Oh, and if your HVAC dies, the only phone call you’re making is to the local contractor. Hopefully it’s a $20 capacitor and not a $5,000 new unit. Hope you’ve got a lot of DIY experience or a load of cash!
If the renter doesn’t pay for maintainance who does? Are you willing to run a monthly loss of $100/month or would raise rents to cover or even sell the property?
The solution is cooperative housing and community land trusts plus social housing.
OK, what’s your plan for housing then? Run right out and purchase your own home? Got the cash and credit for that I assume?
Oh, and if your HVAC dies, the only phone call you’re making is to the local contractor. Hopefully it’s a $20 capacitor and not a $5,000 new unit. Hope you’ve got a lot of DIY experience or a load of cash!
If the renter doesn’t pay for maintainance who does? Are you willing to run a monthly loss of $100/month or would raise rents to cover or even sell the property?
The solution is cooperative housing and community land trusts plus social housing.