Look at what else is for rent there on FF, and what they're charging.

Google search gives me these super wide ranges and mostly talking about adding a bedroom in a SFH, which I'm not sure if applicable to this situation of "moving/subtracting a bedroom from one unit and add it to another unit in a duplex". 

One Cost Segregation Study is included in our package with the Tax team as well"Curious - which advisors are you working with and what are they charging for the consult and single cost seg study?

It would be like charging you for a full remodel property rather than a hovel, because its highest and best use would be a swanky modern house despite never having upgraded it.Ask 2 / Costs & Risk Involved: I need to calculate the impact of what a lot split would entail.

Here are some of the main questions I have:1.Percentage of Income: What percentage of monthly rental income do property managers typically charge?

Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.

It has been suggested to go the route of an Expediter to facilitate - they charge in the range of $3k to $6k for this. 

Right now, if an old tenant moves out of a unit (an apartment which is rent controlled) you can charge market rate rent to the new tenant.

DSCR loans also allow real estate investors to secure financing based on property cash flow rather than personal income, which simplifies the application process!

While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.