Pros: tenants are super grateful to have roof over their head.

So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof.

Check Fiduciary Bonds: Ensure payroll services are covered.5.

Hi John - We do have one property that will not be profitable or just about break even in 2024 due to all the unforeseen maintenance items:  pool heater, roof, pool fence, handy man over a dozen times, remodeling took 3 months instead of 3 weeks, etc. 

Hvac, roof, plumbing, appliances, etc. 

It went from 85% purchase price covered to 65% even after the deal had been analyzed by them extensively prior.

I'm not totally sure if they would cover the are you're interested in, but if not, they may know of another operator in the area. 

Technically a SF, but we have an ADU on the property that we live in and rent out our main house.I love the fact that my tenants are paying most of our mortgage and if you benefit from those duplicating expenses in traveling healthcare, I'd imagine it will enrich you in more ways than just your tenants covering your costs. 

Another benefit is the ability to dispose of a component like the old roof when a new roof is installed. 

(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.