If you can get a nice premium for the sale you can time it for when the lease is up.

A few of my clients will find deals at discounted price with quite a bit of equity in them, then use the HML to take it down then sell it immediately at a premium, often before their first HML payment ever becomes due.Just a few things that I see people do.  

You are effectively paying a premium for someone else's work, and taking on all their risk, so I would make sure to understand as much of the risk as possible.

And seller financing will often set the price at a premium.  

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.

Plumbing all work, in 2023 we had to bypass some of the plumbing through the attic with PEX, plumber didn’t pull permit for this, so I have about 50% copper pipes behind the walls and 50% PEX in the attic.AC is from 2012, and water heater is from 2018.My fear comes from if anything weird would make the house completely uninsurable, I don’t mind paying a higher premium due to the roof being 14 years old or anything else, not sure how this is going to play out considering the insurance market in Florida.Thanks!

Our business insurance premiums were $34k+ last year.

…a lot of these issues depend on the size and layout of the house—for instance, if the housemate who gets home at 2 am has their own private entrance, and they can get into the house without disturbing anyone, then it may not be a problem.Moderately important: Have at least one “premium” option in the house.

My clients buying properties learn from me as we go and also on my syndicated value add NNN deals.If they want my time and almost 20 years experience I am not giving that away on the cheap it comes at a high premium as TIME is such a limited resource whereas money to be made is almost infinite. 

I used CrossCountry Mortgage, which provided a premium rate of 5.5% for 30 years.