We then spent around $30,000 out of pocket on renovations, including repairing the roof, upgrading the electric panel, installing new HVAC, and putting in a new kitchen.After completing the work, we refinanced with LendingOne using a 30-year fixed-rate DSCR product at around 7%, which resulted in a net cash-out of approximately $15,000.A couple of things to note:I'm out of pocket on this property for around $40,000 ($25k down, $30k rehab, minus $15k recaptured).I'm thrilled with this amount since it's far less than our "normal" 25% down strategy would require based on the higher value.The property appraised for $330,000 after the renovations.The key point for me is that this property is now netting around $800/month in cash flow.

The maintenance differential between a single-family and a two-family is twice the mechanicals, but the same amount of roof, exterior, etc.

The key is to save a decent amount for that rainy day.If you're buying a newer house with upgrades on the major systems -- roof, furnace, water heater, sewer, and appliances?

My sister had my parents' house passed down to her in a quick claim deed, which is also fully paid off Zestimate ~$420K, but she does have some "good debt", roof/windows for house $50K and car payments for her car and my mother's $25K= total debt $75K.

Here are the criteria that would determine it is a "log cabin style" v a true log cabin:- Foundation Walls = Concrete Block- Roof Surface = Metal or Shingles- Heating = FWA- Interior Walls = Drywall or Plaster

Quote from @Jennifer Roof: That's a noble thing to do.

However, in my market, realtors often ask for an offer before providing basic information like the age of the CAPEX items, including the roof. 

In April they had a roof leak problem, I got it all fixed by the end of May (nearly 2 months).

Good morning, the following property is up for sale at $250k.  114 S Broadway St, Toledo, IA 52342 | ZillowThe seller has 'described' it as follows:"The property features a new roof and updated electrical work completed two years ago at a cost of $120,000.

Next I would definitely walk the property extremely thoroughly, look for foundation problems, roof, hvac, appliances, every sqft of the property should be inspected.