I did want folks to know. that but I can tell you johnny wholesaler that might have got your deposit. very good chance something like this they would ghost yuo and you would never get it back.. they already spent it and dont have it to give back.

For something as simple as a deck the permit approval takes a MONTH then they want to inspect the hole for the footers, then they want a separate inspection once the footer is poured and the window to get those inspections done is from 1-3pm and maybe the guy shows up in that time window, maybe he came early and you missed him and need to reschedule, or maybe it's 3:30 when he shows up in a terrible mood and fails you for some ridiculous reason, or maybe they tell you at 3:45 when you call in to see where the inspector is that he won't make it that day and you've wasted 4 hours waiting on some city employee to show up... there is no way to price that into a quote.A more experienced contractor will have better pricing from local suppliers they use and trust than you will ever get as an out of state investor - they spent years earning those discounts and trust the product supplied. 

@C Rutherford I, too had a single in her 60’s year old tenant who spent the first year after I inherited her calling and texting, sometimes as many as 50 times per week.

I did take the 7 day free trial of Pro, and I feel confident that I can grow enough here to feel confident as I take my first steps in my REI journey.I spent several years in the early nineties as a real estate agent, and did well enough to be recruited by Re/Max for the last 18 months of my career. 

Watching you all post after each other is embarrassing.I have spent a significant amount of time responding to this thread.

The annual rent increase is limited to 3.5% a year, however this year, we've spent about 35k in new siding for the building, a new floor for her apartment, a new fan, new stove and hood. 

Prior-year losses can’t offset W-2 income but can be used for capital gains or future rental income.For audit risk, high earners using REPS face increased scrutiny, so be prepared with detailed records.For material participation, keep a time log with tasks, dates, and hours spent on rental activities like tenant management, repairs, and bookkeeping.

Langer who I inherited the company from he knew them all and spent 50 years building that company..

I spent 14 years as a CFO/CPA for a $300 million farmland management and equipment auction company in North Dakota.

.-  Expand:  We can't expand at this location, and I have spent 3 months looking at every potential lot and can't find a space the right size, zoning or price to build on.