**Maintenance**: Be prepared for a bit more wear and tear compared to market-rate rentals.

You take a deposit per usual and charge them for any damage beyond wear and tear.

I’m back now and looking for some guidance on an idea that caught my attention.An old high school friend of mine has been buying older houses, either renovating or tearing them down and rebuilding, depending on their condition.

Yes, the upstairs needed it, but tearing out the downstairs not only cost a lot that was not in my budget, but also greatly added to the cost of the rehab.I kept asking Chris when the Spokane house was going to be done; he told me he needed more money.

But we invested several years of blood sweat and tears to get things stabilized and learn the space before we turned them over to property managers. 

Every flip is like peeling back layers of an onion, but this one came with tears, sweat, and the occasional scream into the void.

So while I have family nearby I want to minimize excess wear and tear because 1.

Those things won't matter if your business crushes it. i feel like it would matter when those things add up and start tearing at ur profit If banking fees cut into your profit, your profit isn't big enough.

I offered to buy the property from the $28B foreign company which kept them from having to tear down the buildings to mitigate the vagrant problem and also from their obligation to pay the rail road for the long term lease.

I know there is cost to tear down, but feel that even though the house needs work it is more valuable than the offers.