I have new plumbing and electric done in all of the units one year ago. 55k investment.

They want new electric panel, this home has Zinsco and that is one of the thing that we are not eligible to be insured.

Electricity alone on a 2 bed is usually around $200-250.  

I commonly hear that permitting is not an issue unless I am touching plumbing or electrical but just to be safe and avoid any future liabilities, I am trying to understand it is even feasible to get the new rooms/garage permitted for their intended use.3.

Right, I mean people use the companies with IDX feeds off the MLS now to schedule showings easily when they don't want to bug their agent, but then have their agent actually write the contract and handle the transaction.

There are also still a lot of projects in the talks stage, for example some people whispering that DFW will become the electric car capital of the world. 

May check out some properties there in a couple of weeks(Dewey and electric ave and Lexington and lake).

If its General Electric it is another. family owned company and i can time the payout of the bonus

We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules 

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)