I see this occur on both spectrums:I see this very often during due diligence, where an investor will either perform a Google search thinking they know some statute or some law, then proceed with trying to fade the bid - even though the seller has had an attorney on the case for the past six months and can confirm there are no issues.

While it might seem like a significant upfront cost, properly addressing these issues now can save you from more expensive and complicated repairs down the line.Best of luck with your trailer house project, Emmitt!

If so, she shouldn't have any issue.

I lived there for 3 weeks and then had to move back to Fredericksburg VA for a multitude of family issues.

As I reassessed and refined my operations, I am about as passive as I should be, spending about 1-4 hours/month dealing with landlord issues.

I've got a decent network in Chicago already, and it would just take time.The end game would be to not work for anybody but myself, and turn, say $800k into retirement money 10 years from nowAJ - the issue with recapturing, is that in order to pull enough equity out of this existing home, I'd need to make X amount working a sound job in the city.

They are getting what they really want, and you are crafting the deal to where it will still make sense for you.One potential issue is if what is most important to them is most important to you as well.

Let's break things down, hopefully, I am understanding everything correctly...Exit Strategy 1: Full Rehab and Rent IncreasePros:Higher ARV (After Repair Value): This strategy could potentially increase the property's value to $126,000, allowing for a higher cash-out refinance amount.Higher Rent: After the completion of the Scope of Work (SOW), the rent could be raised to $1,000, generating more monthly revenue.Long-Term Value: Completing a full rehab could increase the property's long-term value and appeal, making it more competitive in the market.Cons:Higher Initial Investment: The SOW budget is significantly higher at $15,750, requiring more cash upfront.Vacancy Risk: Asking the current renters to vacate for the rehab introduces the risk of vacancy and lost rental income during the renovation period.Longer Timeline: The rehab process and finding new tenants could extend the timeline before the property starts generating its anticipated cash flow.Exit Strategy 2: Minimal Repairs and Keeping Current RentersPros:Lower Initial Investment: With a SOW budget of just $2,500, this strategy requires less cash upfront.Quicker Turnaround: Completing minimal repairs and keeping the current tenants can significantly shorten the timeline to start generating cash flow.Reduced Vacancy Risk: By allowing the current tenants to stay, the property continues to generate income, avoiding the risks associated with vacancy.Cons:Lower ARV: This strategy results in a lower ARV of $110,000, which affects the cash-out refinance amount.Lower Rent Increase: The rent increase to $900 is less than what could be achieved with a full rehab.Future Repair Costs: Minimal repairs might not address all the property's needs, potentially leading to higher maintenance costs down the line.Financial Analysis:Cash Flow Considerations: Both strategies provide positive cash flow before reserves, with Strategy 1 generating $160 and Strategy 2 generating $148 monthly.

Can anyone recommend an attorney who can handle eviction/ejectment of squatters in Lacey-Olympia, WA area? How much is the whole process normally cost?

In my case, I made sure everything had a full rehab after we bought so that the number of issues would be relatively minor, and it turned out that way.