Broken appliances, missing basics like a cork screw, no artwork on the walls and cold, ratty furniture that was clearly second-hand, noisy neighbors, and more.

He's doing a 1 bed, 1bath 1,000 sq ft cabin that appraises out for 525k and that we agreed to build for 400k all in (including lot, utilities, appliances) provided they get the construction loan or pay cash (they can refi out later) so we don't have any interest expense either. 

A soft spot is just a piece of the subfloor that has rotted over time for any number of reasons, including appliance leaks, window or roof leaks, or faulty plumbing.Ensure that you get a good look underneath the mobile home itself.

Despite the red flags—like the inferior kitchen renovations, an inspection report that didn’t tell the whole story, and a seller who tried to take the appliances that were contracted to convey —I was pot committed.

I’ve also bought a half dozen houses that were vacant but only needed an appliance or two to get ready to rent. 

A good rule of thumb is materials time 3 you left out appliances potential plumbing problems potential electrical problems that looks to be more rot on that roof and meets the eye

It’s a handy way to track your expenses, which is helpful in determining your net worth.The app also has a feature that allows you to sync your data with others in your household so they can help you stay motivated in achieving your goals.

Two wage earners are going to have an easier time making rent than a family where there is only one paycheck, depending on how high such paychecks are, and in both cases you would look at the total household income.Stick to your guns on what you said you wanted, but when you are not in the heat of the situation reevaluate your standards to make sure they are still serving you well. 

. - I redid the paint, outlets, switches, flooring, countertops, got new appliances, etc. during the students winter break. 

Investing in energy-efficient appliances, insulation, and solar energy systems can increase your property’s appeal and reduce long-term operating costs.By paying attention to these economic factors, you can make informed decisions about property acquisition, pricing, and tenant targeting, ensuring a more robust rental strategy.