I am really waiting for robot can be available and affordable to clean the grill and bathrooms, or make the beds, or laundry...

The 9 apartment units will be turned over (leases are terminable with 60 days notice) and will receive new kitchens, bathrooms, in-unit laundry and general bldg deferred maintenance improvements.

They wash up great, don't lint after the first couple washes and hold up really well.We have towels that are 5 years old still in the rotation and still look and work great.I will say that washing towels to keep them nice takes a slightly different tack.

Someone from the company should perform a site visit of the property to do a thorough analysis and ensure eligible components are identified accurately.Licensure and experience: The firm should have licensed tax specialists and engineers and this is recommended by the IRS.Experience with your specific type of property: Not every property is treated the same whether it be office buildings, self-storage, restaurants, gas stations, mobile home parks, residential properties, multi-family, or car washes.

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

Washing machines constantly broken.

The best part was he wanted a 90 day due diligence. 

Has its own kitchen, bath, laundry hookups, little yard and living room space.  

Once all the fees were added, it was a wash.  

@Wes Holmes Just to add a bit more meat to the bone of what others have said:It's standard practice for hard money lenders to require a personal guarantee, but once you have significant experience under your belt, lenders are sometimes willing to drop the requirement for a slight decrease in leverage and/or increase in rate.Regarding extra collateral, lenders sometimes ask for this if the deal is too high risk for them as-is, but you have significant equity in other properties that make it wash.