Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.

There could be other conditions of course, but that would be something easy and not expensive.Either way, that extra week is some nice revenue and I wouldn't want to miss out on that. i would accommodate them for sure.

The house is in good condition, AC and roof are 5 years old.Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this price range.

Worth its weight in gold.

Our renters were great, emphasizing tenant screening process, and returned the home in great condition.

Yes, an insurance company can choose to not underwrite the policy because of the roof condition. 

HelloI have a tenant who is asking for upgrading carpet and flooring, while its not in bad condition, it is getting old (~7 years) - I agreed to get it upgraded. 

Thanks a million, Kristin Hey Kristin, Finding a property that works as both a short-term rental (STR) and a long-term rental (LTR) is a smart approach, especially as market conditions can change.

(mostly cosmetics), what price range that it must fall into at that condition (for the purchase price) and/or what the maximum LTC to ARV must be (in other words the purchase & rehab numbers must not exceed 65-70% of the ARV, the lower the percentage of ARV the better).

The property location, the condition, and the type of students that the property attracts would all go into that.