Example:Hey mami, if you have ever considered selling your housed or are ever interested in the future I want you to know that we offer cash for houses, close as quickly as 3 minutes, or on your schedule and we don't care about liens, repairs condition etc., etc.

depends on the market, Typically we use 75% of ARV minus repairs and the fee you would like to make.

They won’t give me just a quote for what it would cost for the same work in the first estimate.Am I obligated to replace or repair the AC?

For example, if the A/C goes out your landlord is going to consider that a non emergency repair.

. $45k from several unexpected large repairs (water leaks, roof collapse, siding rot, plumbing main line, etc.)These issues are also causing me to rethink the assumptions in my model, increasing my vacancy rate from 8% to 12%, repairs from 5% to 20%, and capex from 5% to 20%.

Start with learning how to run comps, how to estimate repairs, how to find deals, how to negotiate with sellers, reading and understanding a purchase agreement, finding an investor friendly title company, having an attorney create an assignment agreement for you, contacting investors to put on your buyers list etc.

@Steven MooreI agree with the other posterIf you are low on funds and low credit - work on fixing that first as buying property and trying to manage even with an k site manager is another risk that you need to have funds for repairs etc.

Obviously the security deposit is meant for a different purpose (towards damages and repairs)… but it acts as a goal post for us.  

When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?

For the last several years we have been hit with repair after repair.