In ID I dont believe there is any high balance FHA limits that I know of (Coeur D'Alene, ID).Then again I dont think you need high balance limits anyway as the regular limits of FHA 4 unit property are well in excess of 1.4M and Im pretty sure the fourplexes in CDA arent that high unless you've found a unique Specimen of a fourplex house hack strategy.

Improve building heating/cooling and electrical systems.

The Rapid City area has some unique opportunities, and building connections now will set you up for a smooth transition.

Capex is usually lower, around 2-5%, since major replacements like roofs or HVAC systems are far off.

That's good, at least you understand the system.

With most hard money lenders - you will need funds to start the renovations - since they work on a draw system.

Quote from @Laura Stayton: Quote from @Karl Kauper: For a 3-bed, 2-bath house in Sutton, MA (good school system), if I screen very carefully (high credit score, work history, no evictions, etc.), please describe for me the worst-case scenario for an eviction process if the tenant refuses to leave at the end of a lease term (assuming I do everything properly according to MA laws)?

The user in question is not the only one to express sentiments like "Section 8 tenants are actually really easy", that's an opinion that is not unique to one single person.

Totally worth it to cover any gaps.For managing it all, a Property Management System (PMS) could save you a ton of time by syncing calendars, automating messaging, and handling bookings.

- How can I estimate expenses for installing utilities and creating roads, sidewalks, and drainage systems?