@Brad Patterson I want to give you some food for thought.

It is a widely abused metric (because it is so easy to calculate) that does not convey any meaningful information except to determine the margin of safety i.e. spread between unleveraged returns (cap rate) and interest rate on financing.On to your question JThere is no one way to “quickly” factor in the rehab costs.

A dwelling unit is not habitable if it violates provisions of housing or health codes concerning the health, safety, sanitation or fitness for habitation of the dwelling unit or if it substantially lacks:(a) Effective waterproofing and weather protection of the roof and exterior walls, including windows and doors.

Additionally, a new lease must be signed prior to the lease expiration in order to avoid higher month-to-month rental charges.Please email your decision on whether to renew and I will prepare and email a new lease for you to sign.I hope that you continue your residency with us, but if you do not wish to renew the lease, we can provide a copy of the move-out instructions.Finally, I plan to conduct a routine annual safety and maintenance inspection on XXXX.

. - Any law for safety ?

food all free was off the charts good.people have all sorts of amenities who work there you would never have to buy food  at least during the week breakfast lunch dinner snacks.. its also like a nice resort and spa... what a place.

You should provide the shouse full-furnished and offer services like cleaning and utilities, and there is more bureaucracy and safety standards.

Amongst friends and living in a community with more personal space, diverse economy, access to travel (roads / airports) and strong local culture (food / entertainment / socialization).

 (3year amortize short loan. )Can you guys think of any other due diligence am missing. thank you in advance for your input. by the way the property is free and clear and has plenty of safety in the price of the property vs my loan.  

Notes done right do not have expenses in 20 years you will need to replace all major systems in that rental to have any value.just food for thought..