It doesn’t typically matter if you own the property or not when asking for bids but it’s respectful to tell them if you don’t own it.

After 3-5 years on average you have to expect a few things to do and we also take the opportunity to do some upgrades.The range is wide: we just had a tenant move out after 10 years and they left the home in great condition, but had to replace 2 vinyl windows that had broken thermo seals, replace the kitchen vinly floor with LVP and upgrade some of the light fixtures.

So i need to find one or two properties in that range. 

For buyers, down payments range from 20-30% and adjustable rates are generally about 75-100 basis points higher than a traditional mortgage (no fixed available).http://www.vacation-finance.com/index.htmhttp://www.dotcomdesignstudio.com/gallery/patrickmorrissey/fractionalfinancing.htmhttp://www.firstfractionalfunding.com/

These properties are in the B to A class range, 2002 built so this is the first time needing an AC system replacement.I am curious what everyones thoughts are here, would you go with the nicer system since you will have the property long-term, or is the $1,000 cost difference too steep for you?

Here’s a story that illustrates this point perfectly.A few years ago, Dylan, one of our team members, was at home on Christmas morning with his family when the phone rang.

Take a look at the HOA and see if it changes every year, HOA price increases can factor in on your profits with respect to Condos

You know, im not really one to believe in property managers, but I do respect them. 

I know I will have to report the LLC’s profits but I’m confused as to how to handle the draws with respect to the IRS.

We have found that most owners are very respectful of our place.