Purchase price: $720,000 Cash invested: $60,000 Househack/BRRRRR.Taking advantage of low 5% down Owner occupied conventional loan, then fixing up the units 1 or 2 at a time, raising the rents, and then refinancing to lower the monthly payment and increase cashflow. 1 full gut unit and others were more cosmetic turnovers.

I hope it will be a long time from now, but I and 2 other siblings are the beneficiaries of a SDIRA (non-Roth) that primarily owns a 300+ acre timberland tract in Virginia with some cash reserves in the account.

My goal here is to learn and to understand. 

And should I state this as a reason as to why his rent is being raised.  

I also require the tenant to have renters insurance with liability coverage for me and them.

Quote from @Twitch Raid: Found a home for sale on the judicial repository list that is from the previous owner.This owner owned it in 06, it was sold in 07 and posted for judicial sale in 2010 and has been in the repo since.Is this sale any good?

Added roof deck and finished basement.

I’m happy to share my perspective on communities and home types in the area.

MF is generally harder to find and purchase economically. 

One was leased for $5800/m to a credit tenant and the other was a corner space that had a 3 year old HVAC system and ventilation system in the kitchen area already installed.