.✅ This avoids wasting time screening unqualified tenants.3) Before Lease Signing (Final Step)✅ Run the background check before approving the tenant, so you can verify:Credit history & income stability Eviction & rental historyCriminal background (if applicable in your state)Final ThoughtThe best time is after the showing but before lease approval—this ensures you’re only screening serious applicants while minimizing wasted time and costs.

Let's say it's $100 a month and the cost to install a fence is $3,000.

It is always valuable to be able to walk into a property an analyze cost to repair, it is a huge factor in determining the feasability.

Option 2: Electrician recommended mini splits - said 2 units should do the trick and would cost around $6-$7k.Heating system 2 is forced hot air oil furnace specifically for the 3rd unit.

But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.  

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.

This will create more costs. 

Consider this the cost of your education.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Travel costs to look at other properties.If you travel but have not identified the property that you want to buy yet, the cost is considered an investigating cost.