That puts the ball in their court.

It can range from a quick paint and flooring job for $5k and it could be $150k.If I had pictures I could at least give you a ball park but an on site inspection is the best

Can't wait till someone with the balls for real change gets rid of the IRS and we have a simple VAT vs. trying to pin down 'income'

I do agree that it is a huge risk and not for the faint of heart which is why I’m taking a temperature on here of whether experienced investors feel I would simply be taking a risk which requires certain considerations and precautions or about to do something completely stupid.

High balling it maybe around 300 a month.

If you do not have a regular handyman lined up for this sort of thing you're behind the eight ball already and you need to fill this gap on your team as soon as possible.The problem isn't the replacement.

Get the smart/remote devices and put a lock on them for a certain time/temperature.

The temperature that night got down to 0 degrees farenheit.

leverage is needed to scale.Although some diversification can be good as well.. he could buy a few rentals then buy a nice performing note that will not have the risk of tenants.. if a tenant should not pay one month he or she still has the note income.. also could use the note income to further snow ball that mortgage..

Good luck finding those people though.Commercial/retail is a completely different ball game.