I thought my drywall guy understood I wanted him to touch up a few areas I marked with blue tape after the home had been painted but he decided to reskim nearly the whole home a day before we were going to list it..

I thought my drywall guy understood I wanted him to touch up a few areas I marked with blue tape after the home had been painted but he decided to reskim nearly the whole home a day before we were going to list it..

DSCR: your income, employment history and DTI will not be considered, so the paperwork is lighter compared to the other 2 options.

I'm just "starting" my investment journey in Toledo so still learning about the different asset classes haha 🙈It all depends how people are born and bread IMO.Some with a silver spoon and others with a Makita cordless drill 😁I'm sure many folks on the East and West Coast would consider all of Toledo as "Z Class".Current rents are under market.6 unit is located in Point Place which in my "blue collar working class guy" opinion is a solid A class area for Toledo standards.I'm sure the humble folk in Toledo consider what you will find in the images as "A class" due to heavy influx of homeowners.Much success 🙏

Get the cost analysis and blue prints done and work it out with the construction loan committee and start the work draw phase.The other options which can be a little easier is buy a home that will pass an Inspection/appraisal and not be "Subject to" but does need a lot of TLC/renovations and do it yourself.

I want to shed light on the broader context of the real estate market, especially in blue collar cities like Toledo, which experienced economic challenges following the COVID-19 pandemic.

Generated a great passive income and one day out of the blue completely turned on usBoth @Dominique Osborn and I considered you to be a personal friend as can be seen via our regular correspondence.I'm sorry that someone you referred to as "brother" has fallen as much as I have in your eyes.Why???

I know there's a lot of discussion on here about blue-state Colorado coming for your STRs, but in the end it was three Democrats and three Republicans who voted against it.

You can find videos/articles online on how to get the basement dry, but the basic process is: 1) turn off all electric to the basement (to avoid electrocution from the water), 2) run pumps to get the standing water out of the basement (sounds like you're already doing this)3) remove all furniture and items from the basement,4) once you've pumped out the standing water from the basement, rent a wet/dry carpet cleaner/extractor from home depot, and use it to extract as much water as possible from the carpets (they'll be much lighter and easier to move once you get the water out). 5) After you've used the carpet extractor to get most of the water out of the carpet, remove all carpet and get it out of the house for drying (if you're trying to salvage the carpets), or throw the carpet out.

I always recommend that investors early on focus on lighter projects, even if the returns "aren't as good".