He was relying on a contractor and had issues with him to complete the rehab.

If you have a $100,000 loan at 3.75% and that goes up to 5.25% but your able to get another 50-100k out the additional cost on your current loan is only $1500 per year which is a small price to pay to go create some other opportunity that over the life of that second investment can yield you $50,000-$150,000.My biz partner told me years back, "Don't step over quarters to pick up pennies", which to me most of the time translates to calculate the money you are not making by taking that next step vs the money you are trying to save.

We do not have reliable contractors or handymen that we can rely on. 

But because I don’t rely on the money from the rentals I’ve staggered my loans; 10, 15, 20, and 30 year loans.  

When you spend money on cosmetic items it must translate into a comparable rent increase.

That's a problem for me as I'm not in phone reception half the year due to work, so I have to rely on email.

And you cannot rely on what they tell you at the counter.. they just say whats possible.you have to determine if this is a administrative action.. or does it go to the planning commission ( ie get political)

I would certainly rely on a real estate agent to pull true comparable rentals in the area (as opposed to any kind of "Zestimate") to know what your projected rents might be.

Hey allWhen you are doing research for an investor on a property, have you successfully relied on RPR’s rvm/avm?

And I do plan on running numbers and not relying on the realtor to tell me whats a good deal.