No, DIY is not the same as a virtual site visit or a study done by engineers @Dana YobstAs @V.G Jason said, you could very likely cost yourself more in time and money.

Then it is up to your tenants to stop by and deposit the rent money/check in the account by a certain date.  

The benefits to the seller including dumping a money pit that no one can get financing on, dumping a property that has a nasty lien or judgment against it, selling for more than the property is worth, dumping a property that is contested in probate, things like that.

Good thoughts as we embark on this New Year.....our time is precious and should be valued way more than most people do.One of my favorite sayings - "Money is a replacable commodity, time is not"

And it makes sense that you don't need so many baths, but I liked the thought of building it out like that because I think long-term, there is still value in it if someone wants to buy it and do full coliving or sober living would be ideal.I definitely don't regret having done it that way, but for someone starting out when money is tighter, it's not necessary.

On a rental that’s not generating income is it any different book keeping wise then you would for a rental that’s is making money Or what are good things to know or learn Thank you !

@Dan GroveAs a private money lender I agree with Nicholas' sentiment.

Simple Truths.But you can make a ton of money, if you do it correctly.Why doesn't McDonalds sell T-bone steaks?

The bank isn't going to let you blow their money.

Cash flow is realistic, but quite frankly you make your money here in appreciation.