HelloMy mom is a retired Floridian/law enforcement officer who is now getting bit by the Fl home insurance bug...high rates.

New electrical, plumbing, drywall, flooring, bathrooms, kitchen siding, etc... 70% of that place was redone.

The main issue that I have is that the tenant has 2 more years left on the lease and in order for me to fix all the mess in the basement I would have to remove tenant. all plumbing, electrical and structural is potentially dangerous.How do I manage repairs if tenant doesn't want to move?

In my duplex, I have an electric heater installed on the wall in the back stairwell.

Hello BP Community,I've been following the social media channels closely and decided to hop on here and say hello 👋🏻I'm Marco, and I'm 29; I was born in Italy, traveled the world with my wife for the last four years, and eventually settled in the Canary Islands for 1.5 years.I hold a PhD in Electrical Engineering and have worked in tech for the last five years, which eventually granted me an NIW green card.We (my wife and I) hold a $1.2M+ portfolio of 4 self-managed short-term rental properties (across the Canaries and Italy) and a long-term property in Rome, Italy, that we rent out to students.

But overall the worst I can see it being is it needs electrical and plumbing and painting..It would be my first deal so it lets me put my foot in the door so I can then take a home equity loan out of it to get into my next deal with a higher chance to negotiate the price down.Also the population density of Puerto Rico is so high that it seems unlikely I won't be able to find a tenant rather quickly, especially when a majority of the island is under affordable housing..

I hear what you’re saying RE: taxes in blue counties etc but still leaves me with this huge set of options, and I don’t want to start bugging realtors looking for deals then changing my mind on what town to focus on. right now I play with Morristown, Rutherford, potentially jersey city, mostly based on proximity to NYC… really comes down to the fact that it’s near me though. anyway no need to weigh in if busy, appreciate the insight regardless!   

I went ahead and paid the 807 bug I thought the sale should be void bc at the time of the auction I was the owner and I thought I had to be notified. 

Hair dryer (due to electrical requirements if traveling overseas, so this would apply if you attract international guests)4.

I plan to fix foundation, do roof replacements on both structures, do bathroom remodels across 2 bathrooms, new flooring, electrical repairs, add fence & gate, more landscaping. 3. 3plex is held in a LLC of mine. 4.