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Reply to "Buying DC condo as investment"
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[quote=Anonymous]If you are only slightly interested I wouldn't do it. Being a landlord in DC is a job that carries some serious risk. You will need a basic business license, rent control exemption documentation and schedule and be present for a housing code inspection. Even with everything on the up and up, you can still get a bad tenant that decides not to pay and it will take you 6 months in landlord tenant court to get him or her evicted. Not to mention all of your legal fees. DC is very tenant friendly whether they are paying or not. [/quote]
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