And we know there is NOT rampant "bloat" in rent prices because if there were, it's also simple math that landlords would be rushing to create additional units to capitalize in that "pay day" right, because it's "bloated" rents, meaning over sized profit margins, which to be true would mean it's "cheap" to create new units vs the over sized profits it's producing.......

Depending on the size of the project - that can eat up a descent chunk of money.  

These included one of the outdoor lights not working, small common area repairs, tightening things, and a hole in a screen.

Globally, not just domestically, it's how some folks are looking at investing with size(institutionally).

Quote from @Andy Ramos: It is not illegal, but it is unreasonable.The leasing fee covers all the work associated with moving the old tenant out, supervising the turnover, marketing, screening applicants, getting them under contract, moving them in, etc.

So if I were in your shoes I would want to be really confident in the exit strategy. 1) confirm rent estimates 2) confirm ARV and the demand in that area to buy a house like that in the price range 3) are there banks willing to refinance at the LTV you want with the seasoning period you have. 40k for a house of that size that needs that work would be the cost of materials alone where we live in WI, so verify your estimates.

Since Section 8 has a particular amount they allow for size of unit you should check that the amount for your unit size.

Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.

Purchase price: $400,000 Cash invested: $57,000 Type: Single Family ResidenceParking: Garage - AttachedStories: 2Bath: 3 Full BathsBuilding Size: 2,686 Sqft.Lot Size: 50,791 Sqft.Year Built: 2005

This new one on the left really makes the forum discussion area small...The forum area used to take up about 90% of the screen, now it's about 50%.