I use a glass puller (double suction cup) and a rubber mallet.

I will do those on the sponsor side but NOT the broker side.For instance a property where it is 700k and then can double with a reposition I might make 15k or 20k going in to the buyer making upside of 500k.

Hey Rashim, I've worked with a bunch of Canadian investors that purchase in Detroit.The key is to set up your entity structure so you don't get hit with double taxation.

In TX no license is required to assign/double close deals. 

In Florida, you would serve them a 3-day notice, and usually, the lease has a provision in it where you can charge them double rent or something similar for a holdover tenant.

If they are $600 below market, and market is $1200 you are proposing doubling their rent.  

Depending on how long the prior owner lived there they may change very little or they could more than double.  

We went way over our expected budget - by far our worse budget miss ever (remarkably we were only 0.5 week over our 2 month timeline).Using my rule, take the estimates and double them then add for lost occupancy and that is what I would be seeking or the owner have the work done using licensed contractors and do the work, take the risks, and suffer the vacancy costs.If you purchase having to do the work and your appraisal can handle it, the credit at closing is superior to price discount.  

Now, here is key thing to remember, it's almost double what most other western nations are currently trading at......

Double check with an attorney to make sure you've completed it correctly.You will need to attempt to deliver it, by hand, to one of the tenants.