__________________________________This photo teaches us that sometimes you just gotta light a dudes car on fire if he crosses you.

Purchase price: $430,000 Cash invested: $120,000 Frame in the carport for a two car garage, adding a half bath, complete kitchen remodel, new laundry, and remodeled master ensuite.

Purchase price: $430,000 Cash invested: $120,000 Frame in the carport for a two car garage, adding a half bath, complete kitchen remodel, new laundry, and remodeled master ensuite.

And not just with the house, what if your car breaks down?

I thought about getting a real estate license but I was told not to get a license because then it’s harder to get deals because you have to be carful of being sued if the seller or there family thinks that you under buy a property, etc. what are your thoughts on that?

Keep in mind we do not have known cost amounts for these repair items, and can just make estimates, and hope no other costly issues are uncovered after attacking some of the repairs.My question is, with our next interaction with the selling agent, should we:A) Ask for the major repairs be metB) Ask for a decrease in agreed upon price (without great idea of what the repairs will cost)C) A combination of both; settle with some repairs met, and a decrease in priceOur entire list is below: (keep in mind that I am not sure if all of these things need direct attention to get the unit rent-able, or if some items can be overlooked for now and deal with later as they become more of a problem)Repair List:Items that need attention before renting unit:Big Ticket Items:Install furnaceInstall all new appliancesInstall water heaterExterior electric power supply is damaged, needs repairInstall guttersNo termite treatmentNo gas meter, install newAttic decking has moisture damage, needs repairSmaller Repair Items:Install electric panel faceplate and secure exposed wiresTwo prong outlets (could not test), swap out, install GFCI where neededTrim tree limbs in contact with power linesMissing light cover under front entranceRepair kitchen windowsRepair kitchen sink leakRepair utility room leakInsulate atticSeal gaps in living room doorLoose bathroom faucetAdjust shower water pressurePatchwork performed in multiple rooms, walls are plaster on wood lathe- which I have been told can have asbestos issues once opened upDeferred Cost Items:Large tree removalTorn and missing roof shinglesSeal plumbing boots on roofRaised soffit under car portSecure electrical lines in attic, they run over attic stringers, not through them (necessary?)

Purchase price: $110,000 Cash invested: $165,000 House Hacked single family home, live in an primary residence.Appraised at more than double the purchase price.Cash out Refi done after renovations completed to reinvest in another property.Property is a Cape style house, 2 car garage, mudroom and 3 bedroom, 2 bathroom.

Purchase price: $233,000 Cash invested: $10,000 Townhouse2 bedroom 1/2 bathroom1 car garageUsed as a rental, tenants are both professionals.

I’m blaming it on the fact that I was in a moving car heading home after having spent the weekend visiting  our kids and our newly born grandchild.

Could you setup an automatic transfer one account to the other?