Others focus on achieving a profit of at least 10%-15% of the ARV (After Repair Value).

I would recommend that you don't ignore it; repair the drywall, monitor it and see if the drywall cracks in the same locations again.

The appliance repair man who just went out said to get a power surge protector for washer/dryer and they had a lot of issues with recent fires and power surge.

My experience in a years time clients lose or can't find all the documentation of repairs.

., get them in place before discussing an increase with the tenant because it's much easier to get inspections and repairs done when the tenant cooperates.

Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician. 

If it’s a 1910 mansion you obviously need a boatload more to pay for maintenance/repairs than a 2025 condo.

That is one of the reasons we have set in place notifications for any estimate of repairs exceeding $500 of which these repairs were 10 times that amount in total.

I'll be looking for long term rentals that don't need any major repairs initially. 

Hi I'm gege new to the site starting the Wholesale investment and need help finding seller, where should I brand myself is there an email pitch or a call pitch I can send to seller, like people in foreclosure, or bankruptcy, or late payment and where will I get the ARV, Repair Value, Offer The price that you need to get it under contract for and  where do I get the contract form and if I get a seller and a buyer how do I get a legal person to handle all the paper work for closing.