.$5,000 over budget is not a huge deal, unless you are working with razor thin margins.You can get low end stainless look appliances (french door refrigerator, range, over range microwave, and dish washer) for about $2,200).

I think a French bureaucrat would fit in very well with them. 

Had a networking meeting with Marla French from Timberline Inspections here in Alabama, and wanted to share a few nuggets from our convo...5 Biggest things to look out for:1.

Installation of Navien combination boiler / tankless water heater, air handler with ductwork for two-zone HVAC, outside condenser, and Fujitsu ductless minisplit in family room on slab.Installation of 500-gallon liquid propane tank underground and convert from oil to LP.Installation of 1,100 SQFT of 5" x 3/4" French Oak Pacific Grove hardwood flooring with new OXB underneath.

Quote from @Tyler French: Hi all,I currently have 3 four family buildings, and have been saving and working through some financing options to scale to a larger 18+ multifamily.

Like a Keurig PLUS a regular Mr Coffee....at one place we have a French Press and a pour over as well.

Even if it were, it could be remedied quickly by regrading or installing a French drainhowever, it's important to ask these questions as a new investor 

These factors help create a ceiling effect--where, no matter how much the house is worth, there's a limit on how much you can charge in rent.And, as you mentioned--if leverage is involved, the debt service of a more expensive property often overshadows how much you can charge in rent.These factors contribute to rent not increasing proportionately with the price of the house (and there are probably other factors too, that I'm just not thinking of at the moment...haven't had my coffee yet).Having said that, there are some extremely niche markets with rental properties that cater to multi millionaires, and which are extremely expensive (certain areas of LA, for instance...probably the French Riviera --where there are probably lots of transient tenants worth tens or hundreds of millions)...but, those types of markets are obviously the exception to the rule...Good luck out there!

For mold remediation (air quality test in livable areas came back acceptable), sump pump/french drain, vapor barrier and some jack post installation, it’s going to cost me between 12k-16k.

The only difference is that my husband is French and we have family over there.