I'm in the Harris county market for the last 2 years.

I had a project last year that a sub hit a conduit that was marked out and the utility made a claim many months later.

For example if you were to exit a new build in 5 years there may be no cap ex cost (i can think of few cap ex items that does not last 5 years - maybe carpet in class c and lower), just maintenance costs which would be fairly small.Best wishes

Follow the step for the deposit-even if it is to send a registered letter to their last known address stating that the deposit was used for outstanding rent and whatever damages or cleaning was needed (itemize it). 

For the last 4 years in AZ, I have been a home inspector.

As such, about 2-3 million policies have been canceled by the carriers over the last 4 years.

Hi @Christopher J Driscoll I am doing something quite similar to your approach, my ADU permit should be approved quite soon, I am still waiting on my last LADWP clearance.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

When I have last minute cancellations, I still pay them.

The last year I renovated a single family home to rent, pulled out some equity, couldn’t have gone better.