This screams for judgement histories to be run.Be thorough but legal in your process, as Jon mentioned, but contrary to the "social responsibility" nuts looking to get elected, your first problem is to survive this business, and you must use all information at your disposal to do that.One bad tenant can put that into jeopardy.

(She makes about 42K per year, but she's in a lot of debt and a lot of her disposable income goes towards paying that off - she should be done paying off her debt in 3-4 years).

Ex:Bedroom:Remove carpet, tack strips, and fasteners, and dispose.Remove padding and any glue residue and dispose.Remove existing doors, hinges, strikes and locksets. locksets and hinges to be reused, dispose of doors.Remove existing light fixtures, outlets and switches and dispose.Patch all wall/ceiling dings, dents and imperfections.Sand patches, prime one coat and paint two coats on all walls.Sand patches, prime one coat and paint two coats on ceilings.Prep, prime and 2 coats paint all window jambs, sills and trim.Prep, prime and 2 coats paint all door jambs, and trim.Prep, prime and 2 coats paint base moulding.Furnish, paint and install interior, H.C. doors at closet and bed to hallway.

The first investor is me who I describe in the paragraph below and the second investor is someone who will put less down with the intent to acquire 4 duplexes.Keep in mind the total rent paid for both units in each duplex is $2,100.Total Fannie Mae conventional loan amount:$180,000Loan Term:30 yearsInterest rate:5.25%DP @ 25%:$45,000Closing costs @ 3%:$5,000Mortgage Monthly payment which includes property taxes:$998.84Insurance:$142.00Sewer, Water and Garbage:$104.00Average monthly expenses:$150.00Renovation and painting expenses for early 2015:$8,000Roof in 8 years:$11,000The second investor decides to go with an FHA loan so that they only have to put 3.5% as a DP.Here are the specifics.FHA Total loan amount:$180,000Loan Term:30 yearsInterest rate:5.25%DP @ 3.5%:$6,300MIP:$123.04Upfront FHA MIP:$3040.00Monthly taxes:$250.00Insurance:$142.00Sewer, Water and Garbage:$104.00Average monthly expenses per duplex:$150.00 X 4 duplexes = $600.00Monthly Mortgage payment:$1,491.00Closing costs @ 3% rolled into loan:$5,000Renovation and painting expenses for early 2015:$8,000Roof in 8 years:$11,000 per duplexTotal money required at closing for purchasing duplex using FHA loan:$14,340Using that figure, investor 2 can buy 3 duplexes and cannot afford a 4th home.That leaves investor 2 with $6980 as disposable cash.So investor 2 borrows$7360 (loan term=72 months)from Family at 8% to help buy duplex #4.Private money lender monthly expense:$110.40Investor #1 monthly cash flow per duplex:$705.16Investor #2 monthly cash flow per duplex:$244.60 X 4 duplex’s = $978.4*As you can see Investor #2 has more cash flow each month.2014Investor #1: NOI 2014 = $8,461.92Investor #2: NOI 2014 = $11,740.802015Investor #1:$8461.92 (NOI 2015) - $8000 (Code violation to paint 1 duplex for $3,000 and renovate unit #2 @ $5,000)= $461.92Investor #2: $11,740.80 (NOI 2015) - $32,000 (Code violation to paint 4 duplexes for $3,000 each and renovate unit #2 @ $5,000 each) =-$20,259.202016Investor #1: $461.92 (2015 balance) + $8,461.92 (2016 NOI) = $8,923.84 (2016 Year end Gross) Investor #2: -$20,259.20 (2015 balance) + $11,740.80 (2016 NOI) = -$8,518.40 (2016 Year end Gross)2017Investor #1: $8,923.84 (2016 balance) + $8,461.92 (2017 NOI) = $17,358.76 (2017 Year end Gross)Investor #2:$8,518.40 (2016 balance) + $11,740.80 (2017 NOI) = $3,222.40 (2017 Year end Gross)*It took 3 years for Investor #2 out of the Red.2018Investor #1: $17,358.76 (2017 balance) + $8,461.92 (2018 NOI) = $25820.68 (2018 Year end Gross)Investor #2: $3,222.40 (2017 balance) + $11,740.80 (2018 NOI) =$14963.20 (2018 Year end Gross)2019Investor #1: $25820.68 (2018 balance) + $8,461.92 (2019 NOI) = $34282.60 (2019 year end gross)Investor #2: $14963.20 (2018 balance) + $11,740.80 (2019 NOI) = $26,704.00 (2019 Year end gross)2020Investor #1: $34282.60 (2019 balance) + $8,461.92 (2020 NOI) = $42744.52 (2020 Year end gross)Investor #2:$26,704.00 (2019 balance) + $11,740.80 (2020 NOI) = $38444.80 (2020 Year end gross)2021Investor #1: $42744.52 (2020 balance) + $8,461.92 (2021 NOI) = $51206.44 (2021 Year end gross)Investor #2: $38444.80 (2020 balance) + $11,740.80 (2021 NOI) = $50185.60 (2021 Year end gross)2022This is the year the roofs need to be redone on the duplexes.The cost per duplex is $11,000.Investor #1 – Total cost for new roof on single duplex building = $11,000Investor #2 – Total costs for new roof on 4 duplex buildings - $44,000Investor #1: $51206.44 (2021 balance) + $8,461.92 (2022 NOI) - $11,000 (new roof) = $48,668.36 (2022 Year end gross)Investor #2: $50185.60 (2021 balance) + $11,740.80 (2022 NOI) - $44,000 (4 new roofs) = $17,926.40 (2022 Year end gross) After 9 years as you can see Investor #1 has $48,668.36 in savings and Investor #2 only has $17,926.40.My conclusion up to this point is that having more properties may bring in more cash flow each month at first, but expenses can wipe out those savings quickly.Eventually the cash flow from investor #1 should outpace Investor #2 as proven by the larger balance.Let me know what you think from my example.I tried to keep everything completely even between the two investors, the only difference is the way the two investors choose to spread their intitial cash.I’m personally more in favor of doing it my way.

The Credit Markets (How much credit or money is available in the market to be given to borrowers)Interest rates (These rates will directly influence how willing and able borrowers are to borrow money) Disposable Income (Obviously the more disposable income people have the more purchasing power they will have as well.

If there is a garbage disposal, check and clean inside the cap also dishwasher drains can cause some nasty orders. 

Add in a back splash, sink, faucet and garbage disposal.

So the second fund now asks for bids from retail asset disposers, such as Granite.  

I understand CS / Bryan TX are low income areas, but A&M is growing every year and more and more kids/concerned parents are looking for a safe college living arrangement off campus with a bunch of amenities at their disposal. 

After reading 40CFR PART61 SUBPART M, I have come to the conclusion that this material can be disposed of as non RACM (regulated asbestos containing material) if removed and handled properly.