It is an older home and I know there will be some larger ticket repairs needed in the coming year(s) (roof specifically will likely need work soon).

Model 2:Build a one roof facility. 

Before moving forward with the purchase, find out EXACTLY what is wrong with the roof. 

.- Added: new roofing for around 15k in 2019-20 and added a 2nd laundry (washer dryer) so each unit has its own.- Value adds for new buyer: Potential to make front garage usable (current is very narrow), make backyard nicer, finish off basement and make it livableQuestions: 1) From tax purposes, what EXACT tax would be on the 315k capital gains?

Test the well for gallons pumping and quality.Have them pump septic at close ( $300 ish cost but you need to know condition)Roof?

We may not respond until Monday morning for a broken blind, but for HVAC during extreme temperatures, plumbing leaks and other emergencies we will and I don't understand why any owner would not want to, just out of self interest.

Here was a breakdown of the work done: - Updated the kitchen- Updated (2) bathrooms- Took down / opened up walls to create an open floor concept - Added LVP flooring throughout- Added new paint and trim - Currently negotiating prices to update the roof What was the outcome?

On large repairs like a roof replacement I would still want to get a bid of my own.It comes down to trust, if you don't have that trust with your PM then you might shop for another PM.

I'm exploring alternative financing options and would greatly appreciate insights or experiences in similar scenarios.Key Points:Property Location: Cahokia HeightsPurchase Price: $17,000Rental Income: Approximately $1,500/month via Section 8Condition of Property: Updated plumbing, roof is in good shape, needs AC unit, paint, flooring and cabinets and counter topI'm considering reaching out to private lenders but would like to gather opinions on:Feasibility of securing a mortgage for a low-cost property.Attractiveness of this deal to private lenders.Any creative financing strategies that could be applicable here.Legal and tax implications I should be aware of.Potential risks and how to mitigate them effectively.Any advice, suggestions, or contacts in the private lending space would be immensely helpful.

They also can leak if not installed properly.