Some add soda or snack machines to try for additional cash flow.

Or you could pay him to wash your car and he just happens to leave a bunch of comps on the passenger seat :)

I decided to wash my hands with this deal and focus on the prize of what is coming.

I worked for my uncle in a machine shop when I was in my very early 20s And would hear him talk about the money he made on real estate.

It was VERY scarey building state of the art machines but I truly loved what I was doing and that was the key to it all for me.

Also, do most rehabbers pressure wash the concrete or steam clean it?

I am a Graduate of Interior Design, and started Developing Residential Property when the Decorating field washed up.

As long as the rent is paid and they are quiet I don't care.Now when people get in hard times I find 3 people turn into 10 people living under one unit 2 beds,2 1/2 baths.The problem is the people that were qualified credit and criminal are on the lease and the others are not.So the unknown people have not been qualified to see if they will be a problem or not.More people wear down the units faster,cause noise with extra vehicles,and parking issues.Our water is not sub-metered and is paid by us the landlord.Extra people taking a shower,flushing the toilet,washing clothes,cooking etc. runs up the water bill.Water company says people use about 60 gallons a day on average according to statistics.I know there is fire code limits but I was thinking of having in lease max of 4 people and anything over that is 50 dollars per month per person.This would cover extra water bill and help with extra turning costs with the heavier traffic usage.

Do not leave it up to the property owner.They might not confirm the fax went through to the bank,they might submit tot he wrong department,they might be using an old dirty fax machine where the transmission was garbled and the bank cannot read it etc.Make sure they sign the release EXACTLY as they signed the closing papers when they bought.I have had instances where unless the signature is exact as what they have on file for closing docs they will not release info.If someone married or they sold to someone else etc. you can explain that away it's just more steps.

Dont include a washer and dryer but require a professional installation of tenants machines.3.