The only way to know if your idea is worth doing from a wealth building standpoint is to do the math:  What is the cost to acquire?

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

If it costs you thousands to refinance it needs to be worth it. 

I have not paid retail for RE in many years and would not in my high cost market (average SFH is ~$1m).  

If the tenant is claiming to be living in a hotel, she may try to get you to reimburse for that cost unless section 8 has a new process to reimburse them for this... which sounds absurd but I'll let you deduce whether or not you're dealing with someone who is used to paying for things out of their own pocket. 

It cost him a few hundred bucks, but she was happy, and more importantly, he didn’t have to deal with an expensive lawsuit or bad online reviews.Here’s what I’d recomend doing:Check Your Legal Standing: Since the fence isn’t in her lease and not part of the surveyed property, you’re probably in the clear to remove it.

With that being said we tend to see a lot of CA buyers relocate here for the lower cost of living including lower home values, property taxes, insurance, no state income tax, gas prices etc.

The cost of entry is low, and cash flow is high.You can find distressed off-market duplexes under 120k and SFH under 80k in B to C-class areas.

That's why appraisers do the comparative approach and then secondarily the cost approach.So far, 100% of the time you don't get dollar for dollar back from what I've seen.

You could easily be $100k in for water/gas/power/sewer if you’re talking 4+ lots.