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Updated 10 months ago, 02/16/2024

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18
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10
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Daniel Loane
10
Votes |
18
Posts

Optimizing repairs for rental - Awning flashing installation & deck/staircase repairs

Daniel Loane
Posted

Hi Biggerpockets community!

I have bought a SFH in a B neighborhood in Parma Ohio and plan to use it as a long-term rental. The property is rather old. I am not planning major updates at this point and hope to rent it out for around 1300$. The inspector pointed out multiple items but I am stuck to take a decision on two things specifically:

(1) The side entrance is missing flashing over the awning. I got quoted 250$ from my handyman. Is that a fair price and does it seem worth the investment?

(2) The back deck and staircase going up to the second floor isn't properly attached to the house. Repairs & material are quoted as 550$ to (a) use proper sized lag bolts to secure the back deck to the ledger board and (b) install 2x4s to sides of railing to reduce gaps. Is that a fair price and does it seem worth the investment?

Very grateful for all the advice from the community!

Thanks!

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