We replaced the sewer line and it cost about $8500.

Easier to work on and if one craps out you just have to replace that one instead of the whole combo unit.

I personally like multi-family properties as they have less capex (one roof to replace vs multiple) but that is just my style with investing.

When I have seen this done or done this for clients, the properties being crossed are generally refinanced into the same loan, replacing your first lien (blanket/portfolio loan).

Inspections may cost more upfront, but they can save you from significant headaches and unexpected expenses down the road.Negotiate Hard: Use inspection findings as leverage.If the HVAC is near the end of its life, negotiate a credit for its replacement.If the cast iron plumbing is deteriorating and needs replacement, ask for a credit as well.Sellers often prefer negotiating credits over doing the work themselves.To give you an example: I was once under contract for an old house priced at $170,000.

I am in the market for replacing my carpet and the cost for carpeting 1,100 SF is $8,000.  

My real estate agent doesn’t seem familiar with that and didn’t tell me about the 3 people outside of family circle max requirement in single family zoning.I also need advice for renting finished basement legally and make more bedrooms, experiences and tips are more than welcome as he didn’t seem knowledgeable.Shall I change of real estate agent and find someone more used to this type of practice ?

I know one-sided relationships usually don't last, but given my lack of experience I doubt I can be much of a value-add friend - unless you're looking for insider tips on how NOT to do some things :)  So you folks with more experience, let me know what kinds of things turn you up or down when it comes to newcomers.

I’m interested to know what first steps you took and any tips you might have for someone just beginning.

The local casino just replaced free charging with 50c/kwh (4-10x the home price.) when they figured out people were just leaving their car there to charge while they went home.