Too many investors waste money on general handymen trying to fix everything, only to end up hiring a specialist later anyway.6.Each property should have its own bank account.

There is nothing that could happen at your rental that wouldn’t be your fault for not preventing, curing, fixing.

Quote from @Daniel Tanasa: Another option is to get a small cash out refinance from the house you plan on fixing up, if is in financeable condition, and use that to fix it up, while still cash flowing.

I was looking into fixing up and renting a single family home but I just want to make sure I’m starting off correctly.

They used to be a button I’m trying to get somebody that works for Bigger Pockets to fix this..

However a couple larger items that should have been discussed: the pipes would freeze every winter (we've since found a fix), no water shutoff exists in each unit, the well pump has to be turned off and cut water to all 18 units, no pest control was ever done on the property, there was a unit that would take on exceptional water during rain due to improper prep and installation of a new concrete slab.

Yes it's a huge problem.You should fix this correctly now.Open the walls and put in proper sound reducing insulation.

I primarily invest in buy and holds, but I do a little bit of everything including fix and flips, airbnb's, mid-term rentals, and wholesaling.

Consider offering equity partnerships, debt financing with profit sharing, or preferred equity, where investors get a fixed return before you share profits.

I have a question for all you Fix & flippers in my area.