With those, the HOA fee's usually have a big negative effect on cash flow. 

Does anyone have a template or method that they use in order to screen tenants effectively in order to reduce the risk of non payment and damage to the property? 

Wouldn't hurt to consult a tax pro just to make sure there isn't a more tax effective strategy but I don't think lending provides any tax shelter.

The Retainer Fee is credited towards whatever they buy from us in the 90 days, so in effect, costs them nothing.Note: we're not doing this to make money, but to avoid the time-wasters.

Whether it’s sharing ideas, insights, or exploring opportunities, I’m all about building relationships with like-minded investors.Looking forward to contributing and learning from this incredible community.Best,James That’s impressive what you’re doing.

Duluth's housing is incredibly diverse from a sub-market standpoint. 

There’s so much to learn here, and I’m sure you’ll find it incredibly helpful.

Alicia, as you can tell from the responses, there are a lot factors that effect the $/Sqft for a particular rehab. 

I am not sure if it is more effective. 

You should definately expect a good ROI, but I dont' have data to show how that would effect it would have on revenue.