It doesn't cover any loss of income due to your rental being repaired.

The last partial payment they made to me was in December of 2023.

You can expect turnover costs, losses due to vacancies, and other expenses.

They’re like mini-dictatorships; even after you pay them off, HOA fees keep piling up, and it starts feeling like a timeshare.Miami, while beautiful, isn’t known for cash flow unless you have deep pockets to buy beachfront properties and can afford to take losses while waiting for long-term appreciation.

My last response to Mr.

@Reid Ervin Great questions—there’s a lot to unpack here, but I’ll share what I’ve learned from my own experience, especially from a flip turned BRRRR, that I partnered on last year in Longmont CO.

Legal consequences and potential financial loss that could have been avoided with timely updates.2.

Are you aware that over 80% of Wall Street / Stock market companies DONT last that long?     

It was just last week a landlord here said it doesn't matter if the tenant hates because they all do, so it really doesn't matter how you run it. 

After some research online, I am reading that the cost per square foot on a gut renovation of this nature in Stamford CT is anywhere from $150-$350, which is ultimately not very helpful, because at $150 per sq ft, this is a very appealing project with a total profit of ~$175K (46% ROI) and at $350 per sq ft, it very much isn't, because it would be a net loss of 83K (haha).QUESTIONS:What can I do refine my estimate a bit given that I am not allowed to a formal inspection on the property?