Make sure they use flat white paint for the ceilings (no shadows or glare). $7k is a great price for that house!

Verbally, another told me it would be $12K per year to insure unless HVAC, plumbing, electrical and roof were all updated recently.

I have a non conforming basement unit in a legal 3 flat.

Their lenders are flat out scams.

Purchase price: $Cash invested: $Completely renovated SFH, 3/2, built in 1999, 1214 sq ft with a new roof installed in April 2024, state-of-the-art smart LG appliances, and luxury vinyl plank flooring throughout.

Property I am interested in needs a roof.

A flat out, "No", makes you sound uncooperative. 

Flat fee services, multiple layer and level packages (Silver, Gold, Platinum) have accompanied all kinds of other offerings, tenant and eviction insurance, marketing fees, reporting fees, tech fees, and even talk-to-a-real person fees.

I do pay a flat fee around $250 plus advertizing costs which to me is reasonable.

If the answer to all three is Yes, I buy.And let life unfold.I have NO IDEA what the ultimate return will be….NONE….And neither does any other investor if they are honest…..most crystal balls I find are broken.But if one acquires the property is a solid long term manner based on fundamental investing principles and is never forced to sell…History indicates the long term trajectory of price and rents are up.In my experience, real estate follows cycles……. 6 or 7 years of a bull market, 1 or 2 years down (though the up is always larger than the down), 1 or 2 years of flat which then sets the floor for the next run up.