Most issues will pop up in the first few months as guests use the place regularly, so have a good relationship with a handyman and maybe throw him some small jobs so that he will be on standby when needed.

I thought the same thing and scaled up rather quickly to 300 units in deep south 95% section 8 after about 18 months I realized I bought myself a job that was simply not worth it..

So of course the first 30 replys on the BP thread were hey way to go  great job getting doors etc etc.. 

Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs. 

Any insights on economic development, population movement and jobs diversity for Mobile, AL will be much appreciated.I have already used city-data for these markets, but the information is dated.

It's almost a full time job trying to figure it out if you want to get into the intricacy's of it.

I hope you did quality work, as I know many rehabbers that don't, and while the pictures look nice, seeing it in person tells a completely different story.Assuming you did a great job on the rehab, here are my 4 suggestions#1 The front looks blah.

I asked our contractors for a bid to rehab a larger muliunit and they didn't even want to bid the job.

I work a well paying day job but one day would like not to although I wouldn't mind doing this "full time" later for "fun."

She took over paying rent but since her jobs weren't high paying she would sometimes need the original male co-tenant to send me a check.