That was what I thought I would do again, but then I came across this deal.

Yep, been doing it full time since 2018ish.

Do yourself a solid, sit right next to them and learn how to do it.

Certain neighborhoods do not allow STR so be sure to check the restrictions when looking.

How do they even know what is under the roof for felt... do you?

So, I would be very conservative (for your standpoint) on the researched estimate.I would do what I suggested above, then if the tenant takes you to small claims court you explain to the judge the legislative time restrictions you were under in order to come up with an accurate repair expense.This is yet another example of how "tenant protection" laws, in practice, end up hurting the tenant in the end.

@Joseph Alfie the first thing you should do is go walk the property.

Cleveland is cash flow, we do build to rent in columbus urban infill where prices are the highest and land prices make sense. rents are good and on a DSCR can pull out cash and do again. easy scalable strategy and sell the portfolio eventually 1031 into something greater.

Since this will be a cash buy, do I need a seasoning period for a DSCR refi?

Anybody who says this is a good or bad idea without any more information isn't doing you any good.