I added value to the deal by strategically investing $15,000 in targeted renovations, including modernizing the decor and enhancing the property’s appeal with stylish finishes and functional updates.

An INVESTOR should only pay the price that meets their ROI criteria, which should include risk factor!

we have inventory that includes SFR, Duplex, Three unit, and Quads.Please connect if I can get you more information.  

Pictures are included.

Only 2.14% CoC return though 😞My all in is about $4,100 which includes $180 required flood insurance.

[Source: TradingEconomics.com]The number of new homes built for the last 10+ years has been chronically lower than the previous decades.​​

However, as a landlord, obviously I want to include as many terms as possible to spell out what is and isn't required.Thanks again for your insights!

It’s to take advantage of the 2024 bonus depreciation rules which include 60% bonus in year 1 for any life classes less than 20 years.

@Karen Seguin, it all depends on what you are trying to convey to your tenants.At minimum, any welcome letter should provide updated contact info for maintenance requests and mailing address for rent payments, and if the legal notice address is different than lease, include that.This can also be a good way to politely remind people of any general rules that you expect them to adhere to.  

I have a chance to acquire a property that includes a mobile home park (100% leased) and a separate multifamily property.