They will sometimes cover some of the damage with lots of back and forth.Look into companies like Waivo and Safely.

That being said there are those that are willing to accept buying in an appreciating area where the rent only covers the mortgage (PITI).

Quote from @Bryce Cover: if you aren't getting licensed yourself, are most of you leveraging realtors for your transactions, lawyers, or representing yourselves in these transactions?

Once you evict them and are ready to rehab, you have various loan options to cover the renovations costs and pull out equity.4.

We live in this nice house because I'm covering some of the mortgage expense with the income from the house hack.

NW covers a broad range of neighborhoods.

The plan is to provide the tenant with their own stackable laundry in their unit and offer the shed for storage.Is there a legal timeline needed to give such notice or is issuing a new lease best /covers all bases?

And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.   

Time to close, cost of capital, & their requirements - there's a few that cover detroit & will lend up to 75% of ARV, 90% of purchase price + 100% of rehab costs

All state said they cover cash value for properties built prior to 1940, drewlling comes out less than half of asking price.