Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear. 

I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

Check it out here: https://get.biggerpockets.com/momentum2025/

The president has zero impact on underwriting guidelines and  zero direct control of interest rates. in fact the fed has no direct control of long term rates that effect mortgage rates.

One of the issues I have noticed is that some people think of a flip house as being the cheapest possible rehab. 

I do all of this remotely, so I use the above process to filter out 90% of the properties and then send the other 10% to my local team for verification.

Hi Rafael,Realtors don't typically do tenant placement in Calgary, I'd recommend working with a property manager instead (but as you eluded, there are a LOT of bad ones out there).

It's safer to at least have alarms in n doors if not the fencing.  

You can then give out codes for self-showings, AFTER a prospect meets your basic screening requirements.

Give them a 30-day notice of termination and follow through on it.3.