Box sills, windows, doors, outlets, switches, lack of house wrap under siding etc.. 

This deal taught me the true meaning of “expect the unexpected” in real estate!

This provides you with a safety net for any unexpected expenses during the rehab process while also potentially allowing you to secure higher leverage on the purchase price.

What are your long term goals (eg do you want to buy another house) and do you have a large savings set aside for unexpected expenses? 

. $1100 for the unit ....do you have an outlet already available that will handle the extra amp draw?

People don’t always know how to use lock boxes, things break, the unexpected happens.

  $100 a door doesn't help cover the unexpected repairs. 

But balance is key—keeping some cash reserves for unexpected expenses is critical.Lastly, I’d recommend running detailed numbers to ensure the property cash flows well, even with conservative estimates.

I dealt with evictions, unexpected repairs, and the ups and downs of tenant relationships—but I also made huge strides in improving the property’s value and financial performance.

Here are a few lessons I learned during the renovation, many of which stemmed from the age of the house and unexpected hidden damages:1.Damaged Plumbing: Several plumbing pipes were ruptured or severely damaged, requiring replacement.2.Termite Infestation: I discovered termites, which led to additional costs for treatment and repairs.3.Rotted Wood: Significant sections of wood in the structure were rotted and had to be replaced.4.Lack of Insulation: There was no insulation in the att Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?