At this point I got sucked in send the email stating , that they had 5 more months and it would cost a months rent to break the lease.

@Hud FloydI work for contra costa county fire.

Yes I guess that’s the golden question is to find out what’s the improvements would cost as well as interest on the loan that we take out and look at the numbers from there.I have some investment accounts and a 401K, is it possible for me to borrow against my 401K for the rehab?

You can buy 600 filters for the same cost as one (premature) furnace replacement.We also use the inspection to do some tenant training based on what we find on how to maintain the house, the lawn, down spout extensions etc We might also order a tree trimming, weed&feed or re-seal the driveway.

I had to replace it because it's a safety hazard, and she agreed to pay for it incrementally over time, but it's going to take me 3 years to recoup that cost. A

However if you are going to buy then buy Costa Mesa.

I have brought in partners on the properties that I purchased in Costa Rica as short term vacation rentals.

Extremely interesting post...awesome investing somewhere else as a form of retirement (im looking at costa rica)...IF you invest as a foreign investor does the country give you any perks such as residency or a DR passport As for the post....would it be rented out to international travellers/vacationers or would it be rented by long term DR residents? 

It cost a bundle, but she then was able to collect at the 70 yr old rate The getting hit by a bus concept comes into play because once you pay that back it is gone-not there for heirs, or spending capital-just increased future income.

What I would consider is to paint the walls, to cut down on cost as well as break up the ongoing wood look!