You won’t be responsible for any large maintenance items, like replacing the HVAC, and you can move at the end of the term without having to worry about market timing, showings, or closing a sale.

As an agent, I pride myself in being well networked in my area and being able to refer good contractors / handymen to my OOS clients. 

. 🙂 When you say start small, are you referring to a 1-4 unit property?

Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.

Leverage a low down payment and slowly fix up the building (ideally cosmetic items) over time.

Hi @Jenni LeeI would speak with your home inspector and ask him what items he felt were the most pressing.

What is this group you are referring too and is Zack Howard even your real name?

That’s around a 2% return on equity, which is low — especially when you factor in management fees, minimal rent growth potential, and limited reserves to cover big-ticket items.

Replace it with the correct size refer to the existing filter for specifications or bring it with you to the store- Test the System: Run your A/C before the first heat wave hits to catch any issues earlyTroubleshooting Common Issues- System Won’t Turn On: Try resetting the circuit breaker and any GFCI outlets before assuming the unit is faulty- Blowing Warm Air: This could indicate low refrigerant (Freon) levels, though remember the 20-degree cooling limit when evaluating performanceReport Issues PromptlyIf you experience any problems, notify your property management team as soon as possible.

When inspection was done, we used several items on there to negotiate it down another $10k to $345k.