So you provided them with a living space that needed frequent repairs, which you couldn’t actually afford.
But it was cheap.
You and your wife ‘cleaned it up’ inadequately, you know, landlord special type shit, but it kept needing repairs you couldn’t afford.
And then you eventually sold the property you could not figure out how to afford to maintain, … probably around the point where you could have become legally liable for not providing safe and adequate housing to your tenants.
… So you were a micro slumlord, of a shoddy quality living space, that you received for free, via a will or something similar.
It took you 8 years to unsuccesfully renovate a home, with paying tenants living in it the whole time.
Those tenants lived there for 8 years.
Did you sell it to them?
Probably not, they haven’t been able to save any money, thanks to paying you rent, for nearly a decade.
But, you could have just initially sold it to them at a discount and explained that it was gonna be a fixer upper of a home.
So you provided them with a living space that needed frequent repairs, which you couldn’t actually afford.
But it was cheap.
You and your wife ‘cleaned it up’ inadequately, you know, landlord special type shit, but it kept needing repairs you couldn’t afford.
And then you eventually sold the property you could not figure out how to afford to maintain, … probably around the point where you could have become legally liable for not providing safe and adequate housing to your tenants.
… So you were a micro slumlord, of a shoddy quality living space, that you received for free, via a will or something similar.
It took you 8 years to unsuccesfully renovate a home, with paying tenants living in it the whole time.
Those tenants lived there for 8 years.
Did you sell it to them?
Probably not, they haven’t been able to save any money, thanks to paying you rent, for nearly a decade.
But, you could have just initially sold it to them at a discount and explained that it was gonna be a fixer upper of a home.