It was not our primary revenue stream but we owned/controlled the adjacent scrap (empty) land and it was a very small (and inexpensive) lot but convenient for 'customers'... but I'd do it again in a heartbeat if I had a similar opportunity.

If you have expertise in construction, you might want to analyze your CapEx more carefully with one of the worksheets I've seen posted on BP, over a timeframe of say, 20 years, after your initial renovation.

If they don't pay within the allowed time frame they will be evicted.

I'm trying to think of any way I can to try and get money quickly for a down payment for my next investment property.Financing for the next BRRRRI also have a question about whether most banks have a time frame for when you are allowed to refinance on a conventional loan or if there are any penalties for refinancing after 3 to 4 months.  

But to put 55k down and cash flow at 500 a month and building equity in a home year over year is pretty good returns.Now those are all basic numbers on a buy and hold, your intentions and time frame might be different but that is just same Raw info on it. you may be looking to flip or get those 25% cash on cash that all depends on the individual investor !

Home Depot, Menards, and Lowes all sells very inexpensive plastic miniblinds.

Over 27 years for example you are likely to need to cover over 75K+ in expenses, whereas at 5% of receipts and 3% rent growth rate starting at 900/mo you're only likely to reserve 20K....so your reserves should be closer to 20%.

Absolutely you can bring in professional help from a licensed contractor who can locate the problems and estimate repair costs and a timeframe of how long it will take.If you are working with a professional buyers agent,they should know a minimum of 3 excellent contractors who will give you a free estimate.

If you are wanting to buy in Dec/Jan timeframe you should be working with a mortgage broker now to take a look at your credit.  

Also the time frames of permits and work being completed increased.