When it comes to assessing maintenance costs, one of the best approaches is to request itemized breakdowns for larger repairs.

I’ve been exploring buy and hold opportunities in my area, and I recently came across a situation I’d like some advice on.I’ve come across a property in my area that I’m very interested in, but I want to make sure I approach the situation the right way.

Quote from @Mitch Seiffert: I have a single-family house in Minneapolis that I've been approached by a couple of parties interested in using it as a group home.

In your experience, does one approach lead to better appraisals, loan terms, or overall outcomes?

Your build backwards approach totally makes sense.

I am willing to use rest of my VA entitlement but interested in approaches that minimize upfront capital requirements while still making deals work.

Are there any tips or tricks I should know or keep in mind when approaching closing and for after? 

I’ve been seeing some real opportunities coming to the Multi Family Market, but the best deals seem to be moving quietly, before they even hit the market.Curious—what’s your approach this time around?

Thanks, Bernice One approach is to break it down by looking at similar vacant retail spaces nearby and comparing price per square foot while factoring in potential rental income once occupied.

This approach will give you a clear picture of both rental prices and demand in your area.