Latest buy & hold: Rehab complete and property leased

[Anthony Washington]

Specifics:

SFH, 2/1, ~1000 sq. ft.

Purchase price: $30k (cash)

Rehab: $22k (includes $3.5k foundation repair)

Length of rehab: 4 weeks

Currently leased at $1k/month, 24 month lease in place

C-class neighborhood

Notables: Property had recent water heater (2014), 30 year roof (2008), automatic garage door (2012), gas range (2005) and HVAC (2004) already in place. This project was completed without a GC; I project-managed the process in its entirety, hiring all trades-persons and purchasing all materials. I ran into no major issues during the rehab process. With the help of my realtor, the property was leased in roughly 5 weeks from the date of availability. I've included a few pictures. Thank you, my BP peers, for knowingly and unknowingly providing consult along the way.