Additionally, it's easy for a house on one lease to get absolutely trashed by the renter.

Walking the land as you note could mean you already bought the ground or you are looking for ground.

Here are some things that have been most impactful for me:*Reinvested ALL profits from Day 1 until it was time to walk away from W2.

In addition to offering "cash for keys" assure them that they can use you as a referral on their next tenant application, or offer them a short term-2 month lease.

Your investor agent should be walking properties for you and providing an in-depth breakdown on the location, scope of work, renovation budgets, etc.

I always thought a bedroom has to have a window (which I guess is a second egress) or it cannot be listed as a bedroom but you can list in the comments on the mls as an additional bedroom NTC (not to code).

When you move forward, they should provide proof and name you additional insured.

However, this also means walking away from future appreciation gains and potential rent increases.As for a HELOC on an investment property, yes, it’s possible, but terms are typically less favorable than primary residence HELOCs.

Account ClosedAdding your property manager as "additional insured" is standard practice and beneficial for you.

Along with a kiddy-pool sized litterbox in one corner of a room, cat urine and feces in the OTHER corner of the room on the carpet (newly installed by the seller when I bought), and a smell that made my eyes water walking in the front door.The lease has a clause for Tenant-Caused Damages resulting from tenant negligence.