Then depending on the increase an exit strategy my come at an unexpected time.

For example, if the roof is remaining, I would remove the shingles (unless your are layering them) and make sure there is no sheathing/plywood to replace or any other 'unexpected' damage then you are more certain of your costs.

Consider a rental property purchased vacant and in need of quite a bit of repair and make-ready before renting out. Let's

He explained the price could increase if he found unexpected issues during the job.

Unexpected things come up that may force you to change your exit, however I believe that buying right makes this decision a lot easier.

To make a long story a little shorter I ended up moving walls, building walls, replacing every light, switch, outlet, new doors(inside and out), new cabinets, every piece of trim is new, built closets, rewired most of the house.

I buy Nikes running shoes, at the outlet mall.

They do not have enough in reserves cash wise should something go wrong that is unexpected. 2.

Some people have reserves built up already to cover future expenses such as those and they decide to take the full cash flow out of the property each month (after accounting for the expenses mentioned above) and then they use their reserves to cover any unexpected repairs, etc.

If they cannot save for 1 month rent and full deposit, then they would have problems paying rent when something unexpected happens.And for god sake do not tell me what is my return on investment because first, this is unprofessional and second you have no idea of what my expenses are. you are forgetting small things like, taxes, insurance, maintenance, evictions, code compliance penalties, vacancies, interest on the loan, etc.BorislavThe OwnerOn Fri, Jan 4, 2019 at 8:45 AM Support Zzz Realty wrote:Hi Borislav - We are very disappointed with your email below.