Even with a wholesaler, if they know what they have they won't just turn it over for less.Hard to source these kinds of projects at the beginner level especially. 

It’s perfect for this kind of strategy since there’s a lot of interest from both expats and tourists.

Isn’t that kind of weird — how can it always be a good time to buy??

@Daniel Dixon If you're in Haughville it's kind of hit and miss.

Just don't know what kind of contractor I should be looking for, drywall/ceiling repair or I need to call water mitigation contractor first to have the ceiling dried first

This isn't really that earth shattering, just kind of annoying.The title insurer will usually require the scope of work and any lien waivers to issue certain endorsements required by lenders for recently rehabbed/constructed properties.Permits are all public record anyway - and often double checked by the appraiser.So - while it is kind of annoying, a lot of this work is already required to complete the transaction anyway.Just my thoughts.

What kind of market are you in?

I think it would also make sense to buy at least 1-2 rental properties a year from the very beginning so that these properties could act like some kind of a backup in case I lose my job for example etc.Thanks!

I was so nice and kind to them allowing flexible rent payments but not sure why I had to encounter such a rude behavior from the tenant.

Now, let’s dive into the upsides and downsides of moving to this kind of arrangement.The Upsides of Consolidating Your Insurance into One ProgramSimplified ManagementManaging multiple policies with different renewal dates, coverage limits, and terms can be a logistical nightmare.