I get 25k rolled into my mortgage for repairs right off the bat, which is a buffer in case of the seller countering or having to sweeten the deal.

I ended up selling that house a few years later and investing in RI due to growing up in the area and having my dad available for repairs and maintenance as I would find, purchase, and handle all of the financing/ tenant responsibilities being an agent in RI and MA.

Forget trying to walk them through a simple repair over the phone, to avoid sending a ServiceTech and saving an owner money.

-Increases the Value of the property, almost always by at least the invested amount, in many areas of San Diego, it can increase the value of the property by as much as 150% of the invested amount-Decreases your risk profile, having 4 units instead of 2, helps stabilize your rental revenue when vacancies and repairs have to happen.

Preparing Property for Rental/Lease: FREE (not including cost of maintenance/repairs related to turnover).D.

This new property management company was just as ineffective, and for nearly two years, I struggled with bad tenants, constant repairs, and growing losses.

The wholetail is a smart play, but you should be cleaning the place thoroughly and doing no repairs and then presenting an honest proforma with rents and expenses estimated so investors have a PDF to look through.

Hiring a bookkeeper to watch the income/expenses is like hiring a gardener to tell you how many roof shingles are laying on the ground after a wind storm instead of hiring a roofer to repair the roof.I recommend that you look for a quality property manager who can maintain the properties and help with the bookkeeping.Start by going to www.narpm.org to search their directory of managers.

Massive dehumidifiers are filling with at least 3-4 gallons of water daily - we can't rent until a slew of multi thousand dollar repairs are completed.We were told that the dehumidifiers the sellers had in the house were only used during the spring when snowmelt was very bad.

I would avoid, suffered huge losses due to 6+ month vacancies between tenants and very expensive turn repairs (~4k after only 1 year).I will update this post if my experience changes for the better