Clear separation helps demonstrate that rental properties are business activities.Bookkeeping Accuracy: It’s easier to reconcile and categorize expenses when they’re all in one place, reducing the chance of missing deductible expenses.Professionalism: Separate accounts show a more professional approach to managing rental properties, which can be beneficial if you seek financing or partnerships.2.

Get the plaster tested for asbestos.If renovations significantly reduce your profit margin, wholesaling the property to a more experienced investor might be more viable. 

For a more accurate financial projection, factor in these additional expenses separately.

You definitely have some options, if you do a more conventional second you can get very reasonable rates, maybe check in with you current bank or credit union? 

My conviction for doing out of state fix/flips was mainly procured by the desire to have more options and opportunities available rather than having to be tied a more trying California market.

My husband and I would like a 20 to 100 unit and I will be helping my mom sell her Hawaii single family investment house and 1031 it into a more lucrative multifamily investment to at least triple her income.

Anything down to the studs/foundation/roof/etc is a more in-depth reno.

You should also request an estoppel so the tenants can confirm that the info you were given in the lease is still current and correct (you never know if the owner gives you an old lease with old info, and maybe the tenant has actually signed a more current version). 

It’s fine enough and had a great rep, but if my fellow millennials (and parents) have the same preference for a more updated look, they’re going to prefer some of the newer communities.

Be polite and focus on finding a solution that works for both parties.If the noise continues, you may need to follow up with a more formal approach.