A roof is still 10-15k whether you rent a place out for $900/month or $2900/month. 

If you belong to one of these regions, you will gain the windfall.But that's not all – rents in MHCs are going through the roof too.

Keep cash on hand and don't put yourself in a position where if your tenant needs a new roof or AC unit right now that you'll have to put it on a high interest credit card.Second, I realize that everybody's experiences are different and so is everybody's unique skill set. 

Verbally, another told me it would be $12K per year to insure unless HVAC, plumbing, electrical and roof were all updated recently.

Purchase price: $Cash invested: $Completely renovated SFH, 3/2, built in 1999, 1214 sq ft with a new roof installed in April 2024, state-of-the-art smart LG appliances, and luxury vinyl plank flooring throughout.

Property I am interested in needs a roof.

Thought that might have been a bit steep.

Hi everyone,I've had several issues (washing machine, stove, garage door's motor, roof leak, etc.) with the properties I own.

Let's say going in you think the house needs a roof, an AC, and some paint & general repairs for $10k, 5k, and 3k respectively.  

Make sure you know all the fees going in, is there a steep onboarding fee?