We bought the ranch next door many years ago when our beloved neighbors both passed within 6 months of each other.

If any one is open to having a conversation I would be love to network and learn with you all. 

Meaning, if I input $15k into an $80k property, what should my ARV be?Love

It would be lovely if I could just hire someone to do the work instead of me.

Hey @Eduardo Rodriguez, if your property is in Texas, be particularly careful: Texas has restrictions on lease/options that other states (like my beloved Georgia) don't have.See, for example, https://www.lonestarlandlaw.com/Lease-Options.html.

Hi Casey,Info would be lovely - I would be grateful.

Sorry, but I see the idea as trying to reach in your tenant's pocket, and you are but you're trying to justify it.A security deposit is to "INDEMNIFY" you for a financial loss, it is not a profit center to tap into.Even if you had a GC license, you can't charge yourself without departmentalized accounting, (the car dealer sends the trade-ins to the shop, the shop bills the sales department and the sales department ups the price to cover the shop hours, the same guy owns both sides and claims the net income) In RE, that isn't possible, making an improvement effects the depreciation to be claimed, you would be pumping up your basis in a property.

You'll be loved from post #33 onwards :)

Boy oh boy, That would be lovely!

With my beloved city getting so much bad press lately.