My question is, why did you buy a house for 115k that you didn't plan on rehabbing with a hard money loan?

For those who are willing to invest these resources, they can be fantastic businesses.I wanted to address some of the most common questions I’ve seen about laundromats:1.

And if that is the case, I will address what needs addressing at that time (future maintenance, tenant turnovers, etc).  

With that strategy, I'm not a real estate agent BUT I am also reading a book called "BUY, REHAB,RENT, REFINANCE, REPEAT.

I spoke with somebody on their team and was quoted 5K because I currently do rehab flips.

We've taken over a lot of turn-key properties that were turkeys because the rehab and PM were terrible.

All in all, I'd like to worm my way into the REI space and preemptively thank everyone who has taken the time to read my long introduction and offers their advice.Thank you,JohnTo keyword farm: rehabbing, fix and flip, house flipping, BRRRR, multi-family, apartment, long-term rentals Holla

There’d need to be a lot of rehab work/managing that would require you to put in that many hours.From a financial perspective, it seems like the highest leverage way to keep buying more properties is leveraging your W-2’s and then being work optional.

Being able to visit properties, oversee rehab projects, and manage your team is crucial for successful investment.Ultimately, there's much to consider beyond the initial purchase and rehab.

In my opinion that is rarely necessary for a rental rehab unless perhaps this will be a really nice rental in an upscale area.