Here’s an informative blog post from our residential property management company about how cities and local villages are playing a larger role in the investor’s life cycle around owned real estate. You will learn about Point of Sale Inspections, Annual Rental License Inspections, Fines From Activities At Your Property, Repairs That Require Permits, and Existing Property Violations.
When purchasing an investment property you, as the new owner, will inherit any property violations which can cost you a large amount of money you have no contingency plan for.
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