Happy to help answer more detailed questions if you have any and best of luck!

Not calculating maintenance expense could end up being a nightmare.I always estimate (using either the 50%, 1% or square footage rule) the annual maintenance / first year of maintenance fees for a ALL rental property.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

To their surprise, bookings actually ticked up a bit.You dont have to highlight every detail of your exterior if it’s not your property’s strongest suit.

Also provide tons of good / detailed photos along with property details critical for the investor to make a decision. 

This is a detailed topic.

Property is fine as is but if fully renovated in my market I estimate 500k-550k ARV.

More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.

It is estimated that in 2020 alone $48 Billion was invested in new projects in over 3800 different census tracts.

If you want more information, p.m. me and I can give you a lot more details.