When we are asked for a proof of funds, I will write a letter, likely similar to the one you received, and I always include a redacted bank statement.

The last full septic I did in NJ was 42k including the leech field and everything new.Most towns get sent a septic inspection these days and will require that it be done.

But they use high level tech....pre screen, self showings, and the 1225 is the standard fee for first month lease up services including them drafting and getting tenant to sign lease..

We are looking for a Co-GP that has good track record and help us to manage the properties we are buying, we will do the heavy listing including bringing investors.

Communication is challenging, most likely uninsured, but this is in-line with the budget.c) Keep searching for contractors, adding time to project and potentially costs.d) Buy scaffolding or rent scaffolding or a lift and demo myself for under $1,500, including dumpster.What would you do??

Calculating the cash flow for both properties:Property A: $1,800 x 12 - $2,000 - $1,500 - $250 x 12 = $15,100/YrProperty B: $1,600 x 12 - $800 - $600 - $35 x 12 = $17,380Property B is the better property once operating costs are included.SummaryBecause the rent price ratio does not include recurring costs, it almost always provides invalid results.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

The number of issues is so large I can't concisely describe them all now, but to summarize, Latchel is exceedingly slow to respond to all maintenance requests, including emergencies, and basically fails to communicate any information regarding the status of repairs.

We won't be renting this unit out and it will likely be a condotel since we're looking for something that includes a parking garage.  

Use HML to fund renovations• During this time, pay holding costs OOP (including P&I with PMI), any left over money can be used to build up next savings fund5.