Now, you need to figure out how to find deals and pay for them.

.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

Look at what high interest credit cards you can get rid of, pay down, or move to zero interest promotion cards for say 15 months etc.

Meanwhile, bank money market paying 7.5%. 

If it is less than 30 days, the owner can kick someone out for failing to pay or obey the rules.

You can have a mansion fronting the Mediterranean, but if you pay too much for it, you're done.

But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)

You will pay them and everything will then fall apart.

yes create the addendum but realize the tenant who has been paying could ask to be reimbursed for these costs as well as not accept the addendum.

I'll subto his existing mortgage and pay off the 120k.