That experience gave me a solid foundation in property management and repairs.

My phone number is in my signature here on BP.

If interested in having a phone call, DM me.

You will attract all scumbags in this world and soon find out your repair and legal cost will easily pass your yearly income.

We offered our impacted tenants a hotel room while we were awaiting repairs, but both tenants decided it was easier to stay put. 

You'll need 20% down plus reserves for other costs as well as repairs and vacancies. 

If it's a couple of $ thousand, I'd just pay for the repair and move on.

Rough calculations on what I need to be looking for:90k deal (purchase and renovations to get max rent)20% down = 18k from me80% bank loan at 8%, 20 yr amortization = 72k-------------------------------------------------- Here's my DSCR calculation:Calculate Net Operating Income (NOI):Monthly rent: $125040% expense ratio (taxes, insurance, repairs, vacancy) = $480NOI: $1250 - $500 = $750Calculate Monthly Mortgage Payment:Loan Amount: $75,000Interest Rate: 8% per year (0.08/12 = 0.006667 monthly)Loan Term: 20 years (20 * 12 = 240 months)Monthly Payment ≈ $627.83Calculate DSCR:DSCR = NOI / Monthly Mortgage PaymentDSCR = $750 / $627.83DSCR ≈ 1.20Therefore, with a $75,000 mortgage at 8% interest over 20 years, the DSCR is approximately 1.20

Power washing the exterior, repairing the driveway, and painting the front door What was the outcome?

I left that job to join Roche Tissue Diagnostics where I repair medical instrumentation across the Midwest.