Typically it is at a minimum $100K but likely closer to $150K and that's with no addition.

There are a lot of deals he could do, but he wants to hit 80% occupancy from a Risk management standpoint before he takes on his next deal, plus get closer to retirement.

Then do a 'seismic strapping' to aid in halting further movement.IMHO this should cost closer to $20,000.

As you know its near impossible to find a good cash flowing deal in CA due to sale price, taxes and lack of inventory.Last one I closed on was over off of Germantown Road it was a great 2 unit that needed a little TLC for $160K but passed an inspection and was livable.

In Vegas you’re probably closer to $400k to get in SFR instead of a condo.

I learned new things to look for during inspection, and I also learned a lot about the overall process of buying a investment, and what I could do better the second time.

They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).

And that's just a 2 unit, obviously the numbers creep closer to actual investor-numbers with a 3 or 4 unit pumping in more rent.

The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.

The upgrade basically put a target on my back with the fire marshall as he came by to inspect the work and found that there were a few compliance issues.