For example, a $200,000 property might require $2,000–$4,000 per year.

We forbid TV mounts, shelves, or items that require bolts, anchors, screws, or large nails.

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

I have been told by a contractor that the foundation of the building is intact, so it does not need to be torn down but requires a "gut renovation down to the studs."

The underwriting process is certainly more arduous than most acquisitions but through my personal experiences some of the lenders are far more knowledgeable about the requirements and make for a far easier process for both seller and buyer.

Even a single family builds can vary significantly based on site conditions and required structure/design.

No personal income or tax returns are required.

I only charge markup on maintenance if it's a larger project that requires more coordination, supervision of the work, and inspection after completion.

Rental should be $1,600 a month.This year, I plan to build one more rental property, and it will require financing.

I have a separate interest bearing account for security deposits as required by my state laws.