They are primarily an appreciation play. The

Also to keep good track of the one time expenses like roofs and HVAC,s so they can easily add those back in and not have to play the guessing game.

On the one hand, your tenant intentionally lied to you from the get go, has threatened to play the disabled card and complained about property conditions and withheld rent.

You want tenants who play the game the way you want it played.

I've pulled the plug on several over the years... let the next title company play the role of co-defendant.

My findings @Dong Yan : You are either super busy and hopefully making a lot of money in your main activity to pay the premium to one of these GCs to get the job done from A to Z, or play the GC yourself and get your hands dirty by becoming the project manager and the coordinator, and get the permits and draw the plans etc, and then hire the plumber, the electrician, the tile guys, individually so that you keep the costs low.I went the 2nd route in my project that I love, but since this is NOT my job, it took me more time than it should.

Or would we plan to just not occupy the property until the mortgage came into play? The

Each way has independent considerations that come into play.  The

If I can play the long game here wouldn't that be worth considering?

Private money lands in between these two and is almost always my first choice though, on a long term buy and hold play, the conventional loan is the best for a number of reasons.