@Steven Hou Investors think in terms of numbers...while you don't want to look like a complete rookie by capitalizing the property, you want to at least capture basic ROI...cash-on-cashYou would also want to include data on rental income and expenses.If it's occupied, you'll need to abide by your states landlord-tenant laws.

., bookkeeping is a breeze.Also, maintaining good, clean books saves a lot of time for your CPA during tax time; property management statements and summaries are great, but they don't capture all deductible expenses.

a 100k, 3/2 purchase, no, low hoa, that rents at $1200+ with a little cosmetic work to capture some equity to boot for cushion, and gain experience, is awesome.....those expenses seem standard...

The upside is using the BRRR strategy to capture the spread in prices, allow the 'working poor' to rent from you indefinitely and build a productive cash flow portfolio.Thoughts?

If the tenant was currently behind on their rent (i.e. in default on their lease), that's something that should have been captured on the estoppel certificate. 

@Wes Blackwell That basically captures the sentiment of the contractors I was able to find and contact.

Is capturing a buyer who fell in love with the original fireplaces value?

I'm 30 years old, I've been in the food industry for 15 years, mostly in BOH as a Chef and a few years in FOH as a bartender.

If you are comfortable in the house you are at, using a HELOC to capture the higher value is a viable option and put that money towards an investment property.

Finally got the Deed to our property issued last week (auction was 6/13) so a few days ago I headed down to Jax to find out who was living/not living there, and got some pics-did miss one small room but that's because we took the discussion outside and did not capture it.