I'm a project manager that serves as a general contractor for real estate professionals.

^This.Also great for contractors, agents, and everything else.

If you are doing a BRRRR and leaving older items in place, not updating electrical and plumbing, I think you need $300 t0 $350 if you are just getting started.

You can ask the contractor if he can identify the cause and if so you can bill back the tenant if they are responsible.2.

Assets identified in this study include:Building Systems: plumbing, HVAC and electrical distributionInterior Construction: flooring, drywall partitions and ceilingsStructural Components: doors, roofing, windows and wallsPermanent Fixtures: emergency lighting, restroom fixtures and signageThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

You will need to get a local, rockstar Realtor, contractor, lender, and property manager.https://www.biggerpockets.com/blog/core-four-real-estate-teamI know a lot of out of state investors that buy in Columbus, Ohio

Quote from @Marie Mcfarlin: @Jay Hinrichs funny you mentioned New Western, I spotted a deal with them and the agent immediately wanted me to send earnest without any contract or anything.

Tell us where you are from, where you are looking to invest, the strategies you want to pursue, and who you want to network with, be it local investors, agents, lenders, property managers, contractors, or more. 

The chimney contractor replaced the cap, but requires the branches be trimmed before he can perform repairs on the chimney because it is still leaking into the fire place after the cap was replaced. 

You think through the major systems in the house (roof, exterior or tuck pointing, hvac, plumbing, electrical, unit turns, common areas) and if they are all new you should be good for a few years (5-10).