Can you carry the note for 2-3-6 months until you can rehab and rerent?   

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .

If a project can only be done during a vacancy, add carrying costs and lost rent to the net cost for landlords.As for podcasts, here are some that are highly recommended for beginner real estate investors:1.

Homes there carried an average listing price of $404,585, an average sale price of $445,651 and spent an average of 72 days on the market."

Yeah I can see using the welcome aboard forums to pump up your comment numbers to make it look like they've been around a while before trying to sneak a pitch for some scam guru trash  I think warm welcomes are nice, but the carry more weight from people who have been around.

If I use a licensed PM, the onus would be on the PM who would carry his own E&O insurance.Interestingly enough my employees were asked what the owner did all day.

Banking on appreciation always carries some risk, but if the numbers work, even with 2% appreciation, the asset may still be worth acquiring long-term.

If it takes 6 months to a year to build, that's tons of loss opportunity costs and carrying costs spent. 3.

This is really our jumping point to determine if we want to carry multiple rentals or just keep it to the one we have in Alexandria, VA.

Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.