So I got a deal for you up north folk that could potentially be of great value.I live here in Dover, De and I recently had one of my direct mail recipients call me about a property he has in New Milford CT . 28 Maple Drive New Milford CT 1311 sq ft2 bd 1 bthSingle family homeNew roofFull basement Big shed attached to home2 car garage0.49 acresNo foundational issuesSits 2 streets from a lakeHas some broken Sheet RockNeeds new furnaceHouse is outdated/ needs cosmetic repairsHouse was previously owned by the sellers parents and they have since passed.

Trying to figure out how to deal with a home I will soon have under contract in Connecticut.I live here in Dover, De and I recently had one of my direct mail recipients call me about a property he has in New Milford CT . 28 Maple Drive New Milford CT 1311 sq ft2 bd 1 bthSingle family homeNew roofFull basement Big shed attached to home2 car garage0.49 acresNo foundational issuesSits 2 streets from a lakeHas some broken Sheet RockNeeds new furnaceHouse is outdated/ needs cosmetic repairsHouse was previously owned by the sellers parents and they have since passed.

@John De Gennaroyes, 10 year draw down and 20 year repay.

One of the best books I've ever read is Commercial Real Estate Investing by Dolf De Roos.

Delaware Investors,Are you looking to unload any single family rentals.  

@Michael De Blokif you don't have time and resources to build the foundation like finding the realtor, contractors, PM company then other way is to find reputable turnkey providers in the area you are interested to invest.

We did find one that we spoke with yesterday, but could always use more recommendations.Long term (once we de-lead our house and move forward from this unexpected mess) we are looking to convert our 2 unit to a 3 unit, so would be looking for a lawyer that has experience with zoning/planning as well. 

A few months ago around Christmas time we were doing a bathroom remodel for a new homeowner on a house that was flipped, the master bathroom was a disaster, there isn't enough space to go into all the things wrong, so I'll just tell you about the bathtub - jetted tub they bought from Home Depot, so it was a de-engineered Jacuzzi model, low horsepower pump, less jets than the non Home Depot version, but it looked new and shiney. 1) Tub wasn't sitting on the sub-floor, was suspended by it's rim, even it they had built the tub deck correctly to size based on everything else I sure they wouldn't have poured a mortar base for it to sit in.

. ;-)   But it's NOT a cap rate, NOR a crap rate...mmmm  can we call it a de Hart rate? 

My wife and I just purchased what we see as our "forever home" (5.5 acres in town at the back of a quiet cul-de-sac) and we're moving to that property in roughly 75-90 days.