I've had floors where the scratches weren't deep, so it was pretty easy to reapply the top coating and clean it up.https://zothexflooring.com/3-e...

Deal Deep Dive >>Purchased Home Price: $420K Remaining Mortgage: $300K (3.85% APR)Home Value today: $700K Mortgage Payment (includes taxes + insurance): $2,200Rental Income: $3,350Scenario 1: Sell the home in the next 1-2 years to be able to exclude the capital gains from our income, and find another property to purchase with the proceedsScenario 2: Keep the home and Refi.

Every time real estate has come up over the last 3-4 years I get this deep excitement in me but never took the step to learn anymore, I really just hung onto what other people were doing and admired what they were building.Now that I have been listening to podcast, reading books, and telling people I am getting into real estate investing, the excitement grows and grows.

She is part of the real estate guys radio program and has a deep conviction about tapping into lazy equity to make better investments.

As a structural engineer, I could bore you with all the design guides we use for residential or commercial construction, but if you really wanted to get some good sleep, you could look into the Residential Building Code for a deep dive into codes and standards for the construction of homes.

You could develop a deep and trusting relationship with a lender only to find they sold your loan to an out-of-state investor who could give a rip about you.Private/Hard Money lending has exploded.

Some of the common turnover items in my experience include patching holes in the wall both minor and major, repainting the unit, deep cleaning the unit, and changing the locks.

Some of the challenges:1) Pairing clients with properties that with an affordable plan yield the results the clients need2) Get the property into contract in this aggressive sellers' market with strong STR property buyer competition3) Deep due diligence to minimize property risk during inspection period + create best COE plan to yield the highest possible cash flow + start scheduling post-COE reno work4) After COE, get the hot potato moving- help in any way necessary to make sure my clients get this work done quickly and without complications so they can get their property on the rental market ASAP and start generating cash flow.5) Occasional STR audits as requested (always an option) by clients, to further boost their cash flow, and effectively their home value- based on income approach.

Or are in deep denial. their rich uncle is going to bail them out last minute. they are going to sell the boat to save the home etc etc. the fact of the matter is for most by the time the sale is publish their credit is trashed no one you or me is going to help that. for the homeowner its about getting some cash and walking.Now also keep in mind a lot of times it better for the homeowner to let the property go if they have no junior encumbrances and your in a hot market with a lot of overbidding.. the overage over the amount owed goes to the home owner I have seen homeowners get 6 figure checks by holding on and just getting the overage.

That will add a complicating step in your workflow, but this should allow time for the dust to settle before the cleaning crew hits it for the "deep clean and shine" before handover.