Post a notice to enter for some routine maintenance you need to do.

Attention all Cleveland, OH area investors and anyone else who is interested in real estate investing.We are going to reboot our Cleveland BP meet-up group on Thursday August 27th at 6pm.We have had a couple of informal, but very enjoyable meet-ups in the past, and we would like to get back into a monthly or bi-monthly routine of meeting up to talk real estate.There is no official format, and there will be no sales pitches at this event.

My impression is that Fannie will routinely amend a purchase price if the appraisal comes up short less than 10 percent of the original purchase agreement.

WEll when you live in one of the most desirable places in the world with incredible weather and job opps of the high paying type.. that's what happens  :)  no matter what the price lenders in this environment will want whats called skin in the game , the days of 100% loans based on ARV are long gone.. ( unless your a very established repeat client  Like my guys I do this routinely for my clients but they have been with me more than a decade and in many cases we are well over 200 transactions together)So starting out as you are ... a HML will want at least in all the deals in the SF BA I have been presented with ,, they want 20% and sometimes will want you to also fund the rehab out of pocket.So take a 1 mil purchase and 400k rehab  ( pretty common numbers) and an ARV of 2 million ( again pretty common numbers..

You can easily get most of the top books for $15 in that first month.I now have a morning routine of listening to an hour podcast from BP or audio book over my morning tea.

I have a fair understanding of home mechanics (plumbing, electrical, etc) but I  contract these tasks out almost always.Looking for connections for our next purchase (later this Fall) as well as fair contractor services (general needs in regards to routine / urgent repairs .

I will incorporate these into my routine to ensure success of my company.

If you can repair it to routinely work correctly then no you don't need to replace the door.

You can come home with snow-packed eyebrows.  

Reality is more painful, with vacancies, new roofs and routine maintenance all "eating away at the profits".