As long as its renovated PROPERLY and tenants are screened all should be good. 

For extra context, after much back and forth, they stated that the total cost includes “the charge of the replacement purchase and labor to install it,” which seems just vague enough to imply it’s for just the microwave and install, but also allows them some wiggle room to add a fee in case we get an actual receipt and catch them in a lie (which we did)…

As a screening tool, I ask for proof of funds before we bother a tenant and show the property. 

The build-out also includes plans for a wellness and fitness center and an event space, creating a dynamic, multi-use property in a high-traffic area.

The build-out also includes plans for a wellness and fitness center and an event space, creating a dynamic, multi-use property in a high-traffic area.

The build-out also includes plans for a wellness and fitness center and an event space, creating a dynamic, multi-use property in a high-traffic area.

I would include at least the heavy hitters like title insurance, transfer taxes, appraisal, and paying my closing agent.

The 0.75-acre parcel provided the perfect foundation for a larger development plan, including 12 patio homes and two duplexes.

Additionally, I initiated a transformative build-out of the lower level to include the third location of Arbol Eatery, a wellness and fitness center, and an event space.

This includes some amount of cash flow and then a larger payout once the property is sold or refinanced after X number of years.