A lot of newer investors are overlooking key details like their interest rates, LTVs, and bridge loan terms, which can lead to trouble when it’s time to refinance.At the end of the day, this is simple math, and sitting down with your lender upfront to structure the right deal can make all the difference.

Cost Seg studies will put depreciation on steroids and likely lead to a "Tax Loss".  

Just be cognizant of point of sale inspections on some of these neighborhoods and inevitable lead certs.

And yes, over leveraging a Subto and using "gator" lenders is not only bad practice, but it's going to lead to law suits.He is wrong on so many levels that I have posted extensively on it and it gets boring.

She did move in two cats during her tenancy (with my permission after the fact), and the house was left in fairly good condition when she moved out:Most holes were patched (though some in the basement were missed).It was moderately clean but needed extra cleaning due to cat hair in the carpets.Minor issues included:A missing doorbell.Missing shower hardware.One of the window blinds needed replacement.A truck bed full of items left in the shed that I had to haul away.Since I was in a pinch between Christmas and New Year’s, I hired professional cleaners for a quick turnaround.

PMs should have the widest network of contractors, knowing the good from the bad, better pricing, insights into rental rates/ condition of rentals to not over develop your unit.

Meanwhile, the sellers who are most likely to offer creative financing are normally the owners of  real estate that have issues.....condition.....low barrier/over supply market......or perhaps pricing issue, and one of these factors is why its not marketable in a arms length transaction and why creative financing would be accepted.

And What other conditions/terms/costs do you calculate when underwriting the potential of a deal?

What type of condition?

Is anyone out there willing to be boots on the ground in Cleveland particularly old Brooklyn to check out the condition of a property?