These proposals include permitting and planning fees.

Under SB 567, the notice to terminate tenancy must include a description of the work to be completed, copies of required permits, the date the owner expects to complete the work or demolish the building, and notification that if the substantial remodel or demolition is not commenced or completed, the tenant must be offered the opportunity to re-rent the unit at the same rent and lease terms as when the tenant left.

Did you also include financials/ POF for the down payment/ credit report/ info on yourself such as your experience level operating rentals, to give the seller more peace of mind to lend to you?

The more experience the better and if you have enough experience then you could be looking between 10%-0% for the down payment (this does not include closing costs, you'll always need to bring something to the table on a purchase).I hope this helps and if you've got any other questions, please feel free ot reach out.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

But this includes flooring, painting walls and cabinets, and some basic upgrades occasionally even new appliances.

While I have done a decent job in my spare time building a mailing list of interested parties (including a great survey that has taught me a lot about what buyers want there), I fear that not being on the ground there would hold me back.

@Stuart Udis Michigan's Transfer Affidavit has exemptions for several transfer of ownership types, including from a single owner to a single-member LLC.https://www.michigan.gov/-/media/Project/Websites/treasury/F...Is it different in Pennsylvania?

Be sure to include closing costs, mortgage recording, title insurance, etc.

Therefore, it makes sense to include looking for off-market homes as part of your real estate investment strategy.