Thats because the taxes go up, or needs better landscaping, or needs more payroll, better insurance, etc.Conversely, we'll buy 5 caps on in place and they'll be 5.75% cap on year 1 proforma, same reasons but the opposite (minus taxes).Also, you'll see deals being sold as a 6 cap tax adjusted, but they took all the T-12 expenses and adjusted them to "market".I've also seen deals that run their R&M at like $80 a door when market is like $400-500, but their below the line Capex is $1000 a unit.

@Brandon WulffPut a heat mat beneath bathroom floor tiles...Kitchen bling.

That adds tremendous value to mat homes in most areas.

Not too many landlords that I personally know have went through this.Also do I need a Haz Mat team to clean up?

@Mat O'Grady thank you for reaching out , and don’t know if i can drive to Lyme on Tuesday cause work but ima try my best and let you know

Even when I was younger and went to the laundry mat, I remember paying for two dry cycles.

We will install 1 1/2 ABS pipe from the kitchen acrossthe wall strapping the pipe every 5-10 feet.

It often means that a property is uninsurable, or has had a hazardous substance issue (like meth preparation on the premise - this substance's ingredients leave lots of dangerous chemicals behind and are exceedingly expense to remove from a location most often requiring special equipment and haz-mat clothing).

It's hard to go from 0 to 60, especially when you are young and cash strapped.

We accepted and signed and got our refinance funds bc we were desperate and strapped for cash.