These numbers show just how different things can look depending on the region.Meanwhile, the existing-home market is feeling the strain.

I like using these for just this case.Another item to consider is since this is a 2nd floor I wouldn't be that worried since the 1st floor will heat the 2nd floor enough to not allow frozen pipes.I would also talk to an HVAC person because I believe they can also put a device to cycle the heat a few times a day or even put a secondary thermostat in the apt to take care of the minimum issues.I feel for you because otherwise you have a great tenant.

After this advice I feel it is much easier to invest locally where you can become a “market expert” more easily.

Additionally, my husband lived there for six years, and the city feels like a second home to me.

Feel free to dm me if you want a 3rd opinion on your home.

It certainly feels like a well planned scheme to swindle investors. 

We’d like to continue with this project remotely, but the idea of managing contractors and overseeing a renovation from afar feels a bit daunting.Have any of you undertaken a similar project?

Feel free to reach out if you have any advice for a newcomer or if you're also investing in the Kirkland area!

Structuring the agreement properly, outlining how profits will be split, who covers the rehab costs, and what the timeline looks like can ensure the seller feels confident in the process.

Feel free to reach out if you have any questions or just want to talk.