Hey Eric, Find out his specific goals & objectives for what he's wanting to do with his portfolio. 

Here are the things I provide (nicely organized in a folder): - Renovation Overview (see example attachment to this post) - Rehab Cost Breakdown (see example attachment to this post) - Before/After Pictures (see example attachment to this post) - Comps (I print out comps from the MLS that support my sale price and add them to the folder) Of course, while most appraisers are happy to have you around during the inspection and happy to take the information you have, don't just assume this.

He went out for another issue and he said yep, they were using that tub and the stink is because they put organic oils, fresh flowers and leaves, needles in the tub along with apparently oatmeal. 

I sincerely appreciate your input and support.As we prioritize cash flow and equity as our primary goals, we understand the importance of strategic location selection to ensure optimal rental income.Considering our business objectives, it may be necessary to expedite our planned strategy to increase our capital expenditure and emergency fund, mitigating any potential risks in the coming year.

@Josh Mac-  get a  free loan pre approval in place for a simple scenario ...this will  allow you to begin getting  educated /  organized and  will lead to many more  questions 

BTW I have been the top salesperson at every organization where I spent my previous careers - Home Depot, Fastenal, Century 21, etc.Funny how the experienced investors that I know and work with NEVER ask about fees up front but all of the newer investors do.

People will exploit and monetize new shiny objects to make money.

You may need a construction manager (a guy a friend who is organized doesn't need to be a pro trades person but doesn't use or party) to daily boots on site be orchestrating who is on first and that no one steals your supplies.

Note: I am a REI targeting sellers.I'm doing organic marketing only.

“If an individual is part of a high-deductible health care plan, making a contribution into their health savings account would also reduce taxable income.”Donation to a Qualified Charitable OrganizationCharitably inclined individuals might consider donating cash or appreciated property to a qualified charitable organization, potentially providing a tax deduction to help offset that tax year’s taxable income.