Per the mutual agreement between the Lessor and the Tenant, the Lessor has agreed to reduce the monthly rent from $3,200 to $3,100, allowing the Tenant to repaint portions of the house at their own expense.

They will be able to tell you what your flip size should be according to how much extra cash you have each month.

The portion due from the tenant is often not so great in my experience.

Size of deal.  

Nice - congrats - hard to find Multifamily DSCR Loans at that size but looks like you successfully executed!

@Marc Shin We have used small baskets of the trash can size to make them look more upscale.

If you compare ADU addition with any larger development effort , either in size of unit or number of units, the return is greater because building single small unit is the most expensive residential development.  

Look for a mid-sized PM company with a strong local presence.

•Continue tracking expenses and maintaining organized accounts.4.Grow Deal Flow:•Use a small portion of your credit for marketing campaigns (direct mail, Facebook ads, etc.) to source deals consistently.

The current landlord for this property is kind and is more willing to pay for replacements on the home which I believe is mainly because she used to live in the home so I didn't really need to spend much for any problems that arrived other than minor things the home is over 150+ years old so it has its quirks.The tough part is that I am paying a bit more in rent for this home but it has a lot more potential than my other unit, it has a good-sized backyard which I'm debating on adding a hot tub or a fire place but seems like a fireplace may be better maintenance and cost wise.