Weigh out all of the pros and cons (including costs) and make the decision that's best for you.These are merely my opinions and may not be the best advice for you.

Alternatively, if you’re using QuickBooks Online with a plan that includes the "Payments" feature, you can collect rent directly through QuickBooks while staying on top of your bookkeeping

If the loan officer asks for just personal debts, then don't disclose any business debts including debts on real estate that if that debt was qualified for by the business.2.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

I do not worry much about "hurried or sloppy work" because it is also in my contract that all work must pass inspection, which may include the city / county (for permitted projects), lender and myself.

If they were looking out for my best interest and knew that they tenant was moving out, they could have taken that opportunity to show me the unit.I had been told that Ready REI’s "contractors" had gone through the duplex including the occupied unit and deemed it move in ready, however the home had MANY issues, and the unit that the tenant moved out of was a complete dump that required a ton of work – much more work than Ready REI let on.

Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 

Here are the key numbers:Potential purchase price: Mid-$400k rangeAppraised value: Estimated at ~$500kRehabbed comparable properties (comps): ~$580-600kMonthly PITI (with 5% down, including mortgage insurance): ~$3400First-year PITI (with 2-1 buydown): ~$2900Monthly income (after taxes): ~4-5kLiving expenses (utilities, groceries, etc.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.

Here's what you need to know about qualifying and managing costs, including realtor fees and other expenses.Why Germany?

Some of those included those previously mentioned windows.