A little damp in basement with spring melting. 704 sq feet 3 small bedrooms 1 bathPurchase price list is $64,900.

I don't like either personally.For a basement it can be cold damp, mold prone and illegal if it does not have egress windows.

We want to know if they are likely to have sufficient income to pay rent, utilities, and other basic needs (food, clothing, medical expenses, and transportation).

Mold thrives in dark and damp places, so let the sunshine in.

The opening is a regular door (not a closet door) so its narrow, but goes back pretty far.The current tenants put up 2 clothes bars, one in front the other and there is still room to step in and close the door and not touch the hanging clothes.

I could use a little more advise on ideal cap rate- I'm shooting for 15%+Other fees-HOA- $197Estimated clothing costs- $4,500I will be managing the propertyTaxes $1,800Everything has been updated so no renovations for the first couple years

Simply wipe area with a damp rag to smooth and remove excess. 

I've been Craigslisting the furniture, and I will be spending the summer on eBay selling all his clothes, tchotchkes and technology equipment.

If the soil is sandy like it is here in the Central Valley California you will have to put down weed cloth or something like it to stop the rocks from sinking into the sand.

I've also completely separated out my personal and business finances and only use my personal funds for any personal purchases (car/vacation/clothes/etc.) and keep my business money growing and working on the business.