And that's after paying to replace the existing system with electric baseboard.

In addition to taking 6-9 months to close, they are also subject to (i) annual audits, (ii) annual REAC property inspections, (iii) recurring annual MIP payments on top of your interest rate, (iv) large initial deposits to the replacement reserve, (v) commercial space limitations to 15-20% EGI / 25% NRA, and (vi) less forgiving underwriting with 7.00% minimum vacancy rates when determining our underwritten NOI.

Find a good lawyer you can make a relationship with to have in your back pocket should you need to sue, use strong contracts, use work tracking apps like busybusy, always have a couple of different contractors on speed dial so you can fire them and replace them immediately. you've got to be bullish, have strong goals in mind.

I redid the cabinets, repainted and replaced all the windows.

There was a trap in roof however I been told by realtor and inspector that it will be replaced and there was no known leaks.

The current one lasted 8 years and needs to be replaced (as per what our property manager is saying)I heard front loaders could leak, so I typically only do top loaders for rentals.

What happens if the roof has to be replaced?

Financial independence requires more than just replacing your current income.

It works but it was installed in 1967 so I need to prepare to replace it when it fails at some point.

Benefits:1) Tenants can't lock keys in house, they have to use their key to lock the deadbolt.2) Cheaper to rekey or replace locks (only deadbolt!)