You’ll thank me when eviction drama hits, or turnover costs come calling.Fines = Behavior TrainingSometimes, tenants behave worse than toddlers at a candy store.

I imagine the whole process is simpler but can anyone tell me how different it is when you don't borrow the rehab costs?

If you're refinancing six properties, bundling them into a portfolio loan might help you consolidate debt, reduce rates, and avoid individual property issues like this.Negotiate Closing Costs or LTV with Kiavi.

That's like asking how much it costs to buy a car. 

Also accounts for mobilization costs (e.g. lodging for field team) and shipping costs for materials. 

Ensure you have a solid understanding of the renovation costs and timeline.- **BRRRR (Buy, Rehab, Rent, Refinance, Repeat):** This strategy can be lucrative, but it requires careful planning and execution.

I am bullish on the FHA 203k and home-style renovation loans that allow you to leverage the cost of your renovation as part of your mortgage, which is just an insane deal, in my opinion.Do you have a specific area where you want to purchase?

You don't always have to incentivize a tenant with a discount to get the tenant to stay, nor keep rents stagnant, but it is good to be aware of the business impact with respect to cost too.

Although we try to limit our Hard Money as much as possible due to the cost.

With $50k, you likely have enough to get started, especially if you target lower-cost markets or use a strategy like house hacking.