I spoke to a bank here in CA a few months back and they indicated that because the rental history of the properties is so limited that most lenders would consider the properties as a wash i.e. not count as a debt but also that the rental income from the properties would not be counted as income therefore basically adding nothing (positive or negative) to my debt to income ratio.

Be especially careful charging a tenant for the entire cost of carpet when the carpets are like 10 years old Picture or pin holes in walls, as long as not excessive Painting the exterior of the home Pressure washing unless there are oil stains from their auto Routine maintenance 

.• Floors, stairways, and railings in good repair.In addition to these requirements, each rental unit must have all of the following:• A working toilet, wash basin, and bathtub or shower.

Only motivation that brought me into this field is the fact that I have been making money since the age of 10 doing yard work, walking dogs, and washing cars.

It has some cracks in the brick; Per inspector it was due to run off washing away around the foundation, causing slight settling.

Example:$1,000/month in rent counts as $750/month in cash flow.If the new mortgage payment is $750, it’s a wash.

PM me :) 4) Yes condos are becoming more & more popular even with the HOA's because the higher rental rates you get for a lower capital outlay washes out the HOA costs from an ROI perspective. 5) The longer you wait, the most it is going to cost you and the lower your ROI will be.

Before I joined the Army I did home improvement side jobs, i.e. paint, dry wall, tile, carpeting, roofing, little bit of framing, pressure washing, junk removal, lawn care.

It never occured to me that they may allow friends to come wash their clothes - but that happened to my husband and I when we were younger and had our own place - people asked if they could do laundry at our place more than once.

I once had a tenant that decided to wash all of her husband’s coworker’s laundry for a fee.