Likely the roof and the HVAC/furnace will be the biggest expenses that might occur but a hot water heater here, a clogged toilet there and suddenly the bills start adding up.

I have a couple of prospect properties I would like to tour and get a better SOW for the Rehab, however because of the still someone hot market we are in realtors are not taking me serious as a potential client and tour the property without a preapproval letter, however the Hard Money Lender will not issue me a Preapproval letter until I get a better estimate of the SOW and come up with a plan on how I am going to do the project which I can't do without looking at the property first with a Realtor. 

You can transform a space that you merely use for storage into a cash-flowing rental to subsidize your mortgage, your bills and other household expenses.My journey to house hackingIn Spring 2022, my neighbor mentioned he had started renting out the Accessory Dwelling Unit (ADU) on his property on AirBNB.

Some of what we usually do over these 3 days: Small group hot seats (3-4 people), masterminds, small group goal-setting..

.- Ensure electrical panel, wiring, plumbing, drains, heat pumps, central air conditioner, hot water heater, etc. are in good serviceable condition.- Trim baseboards with 6" trim, windows, throughout.Living Room:- Is that an attic access panel?

No turnover, no replacing the roof, the hot water heater, the broken AC, no vacancy, no tenant hassles, etc… pest control, electrical issues, plumbing issues, septic issues, no renovations from wear and tear (you get the picture).  

The BRRRR strategy is also a very hot topic on my podcast about investing in Memphis. 

Right after my signed Hot Wheels Lambo. 

Average DOM around 45 with average homes getting 1% under list and pending in 45 days, and hot homes are getting an average of 1% over list and pending in 6 days.

Many of the topics below were hot topics for debate by SFR industry leaders at the recent IMN CONFERENCE in Scottsdale Arizona.