You will need to disclose to your lender if you cannot find a replacement tenant.Can you DM me the property address?

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.

I recently had a buyers agent tell me (at my house) my heat pump was 20 years old and was at the end of its life and needs replacing . 

Also, I will assume that your goal is financial freedom.Financial freedom isn't just about replacing your current income.

I was all ready to get my Certificate of occupancy and they told me I needed a landscaping plan for all the trees  I needed to replace. 2k for that. 

The cost of an water heater replacement for example is close to the same regardless of price range of rent or property value.

I am looking at replacing my current HELOC with a new one with the lowest intro rates. 

The exterior was painted when we bought it, we refinished the floors, added carpet, new paint inside, refinished the kitchen cabinets, replaced a couple windows and did some minor plumbing work inside (along with getting rid of TONS of junk throughout the inside and outside of the home!)

I don't expect a tenant to wait weeks for appliances to be repaired or replaced.

And, in reality, it is far easier to replace a $100k investor than it is to replace a $10mm investor.Now, are the fees and waterfalls typically far more GP friendly for groups focused on the $25k investor?