Once we have secure the property, we will rehab it according to a conservative budget while also being mindful of what the property and location demand.

We found the Elysian Fields Ave property through a direct seller connection, leveraging our network to secure a favorable purchase price.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Few more points:Their lease is valid till May 2025.This is the first time she even told me about mold.In the email she did ask me to settle the lease.I have a little less than a month of rent as security deposit, which I am ready to settle without any additional penalties for abandoning the property.At this point I am okay with her leaving the place, just I want to get the control of the property back to fix the mold issue.History:1) Recently the AC has been replaced and after that there was some intermittent issue with the installation (temp doesn’t reach target intermittently) and I had to call the tech back 5 times to finally get it resolved.2) Also last month I replaced electric range with Brand new Electric range.3) Two months back she said the refrigerator was leaking, I asked her to send picture of the make and mode of the refrigerator, but I never got a reply back.4) Also for last 4-5 months she has been asking me to send her 5-day notice so that she can claim reimbursement, I was sharing a document and she was paying the rent a little late.

It's pretty comprehensive on how to get started with your own capital and the safeguards you'd need to take in order to secure your capital investment.

In 5 years, I have secured leases with 30-40% of the landlords I have offered this to. 2. 

Secure the flooring since any leaks could cause subfloor damage under a toilet. 

They buy on feelings, I feel like this is a good deal.Become an expert at these three and you will be successful at flips.

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It’s easy to misjudge what sells.Tip: Research the local market and talk to real estate agents about what buyers in that area really want.Financing Hiccups: Securing funding for a fix-and-flip can be tricky.