I have been doing fix-n-flips throughout COVID, but I have always been in the market area to manage them.   

Investment Info:
Condo fix & flip investment in Honolulu.

Purchase price: $100,000

Cash invested: $30,000

Property is valued around $315k
Foreclosure purchased from bank
No renovations since ...

We have pulled permit for one STR, like air B n B and have furnished one of the units.

The address is 820 N Lawndale Ave,Chicago,IL,60651 if that helps.

Quote from @Carl N.: @Matt Schreiber any updates on how this is going?

Quote from @Terry N.: Quote from @Jamie Banks: Here's a few things I include in my MTR lease- Utility caps- Outline of the furniture that is included- Details regarding which utilities are included- Outline who is responsible for lawn care / snow removal- List of fees (admin fee, cleaning fee, etc)Hi Jamie!  

So the major issues in a house are a foundation issue or a structural issue, the next tier down would be a mechanical issue like Electrical, Plumbing, HVAC, then roof - which isn;t an issue a new roof is very common in a fix n flip, and then the outside facade: Brick repair, driveway repair, brick pointing. 

If I switch from blinds to rods, would I a) provide receipts for the rods and deduct in full - receipt furnished to tenant,  2) deduct cost of blinds as priced today but receipt would be for curtain rods, 3) deduct cost of blinds as outlined in the lease but provide receipt for curtain rods (explanation and receipt furnished) 4)  be forced to replace using the same blinds that were installed when tenant arrived n order to deduct. 

I did look up syndications but, I want to get experience in owning, rehabing and scaling a long term rental portfolio where I keep n hold the investment on my name long term.

Hey @David N. just use the stock photos.