Follow me for juice and I will also be posting updates for build to rent project I am doing with an investor. 

Rentometer shows $5000 average in this community, there is a rent comp that closed in February for $4600 with less updates and less square footage22324 Rushmore Pl, Boca Raton, FL 33428

The Texas 50(a)(6) cash-out laws have been updated.

If not, there should have been some update made during the underwriting process (like if an appraisal came in lower than expected), and an updated term sheet signed.

Once you give them your criteria it’s typically in a system that is on autopilot and emails you updates.

And if you try to sell it with an old roof, chances are the buyer will want you to give credit or change it.Please make sure these numbers, insurance, tax, rents are actuals.The electrical may have aluminum wiring, which may need to be updated, and some plumbing means none has been done.The value would be can you increase rents when they come due?

Good luck and keep us updated with what you plan to attack!

With our town and maybe yours, any major alterations (work over 50% of the property) will require updating sewage and plumbing to the main line <- this is quite expensive and luckily we didn’t need to do this.

If so, please update us. 

Are they more/less updated?