The previous owner took exceedingly good care of the building and there was nothing that need to be done except to raise the rents.

It actually went to auction initially on the 8th but no bidders except the starting bid which I believe was the bank.

I have decided to send a mailer to ALL my existing tenants informing them of this policy as my existing referred tenants have all been exceptional.

The only thing that bests fear is courage and we only need a mustard seed of that to get things going...People often spend money on college and never go in to the field they spent that money on...the greatest lessons and the ones most remembered are learned 'on the job'.Wishing you more good news in the future and an exceptional 2025. 

But IRS allows an IRA to be invested in anything except life insurance and collectibles.

No real explanation as to why or whether there were exceptions to that. 

I think the before vs after pictures really speak primarily to your experience and ability to execute a project so it can help lenders gain comfort with future projects and allow you demonstrate what level of detail you except out of your contractors.

Hello,My wife and I recently found a property that fits all of the things we are looking for, perfect location, price, rooms, etc. except for one problem: The previous owner was a smoker :( Does anyone have experience buying/renting out/living in a home previously owned by smokers?

We always make different exceptions for long term tenants due to what is considered normal wear and tear from a one year tenant compared to a 5 year, but cleaning isn't typically something we make exceptions for. 

The OKC market is truly exceptional, and Tennessee offers incredible opportunities as well, so you’re starting from a fantastic position.Wishing you the best of luck on this exciting new venture!