Very few rentals close by (at least for now, in winter), but desirable location.We will do some updating no matter what:New laminate floor in kitchen/hallSiding needs replacing (have some insurance $ for that)Fresh paintNeeds new windows (maybe).Needs a bunch of concrete work (garage floor, driveway, stoop, walk to door).With those improvements we should be able to get at least $1000/mo.A room addition to add a large ensuite Bedroom/bath, and a laundry room to get the washer, dryer out of the garage, the bid came in at 59000 (This includes the siding).  

We have two of everything as a backup like you, extra washers, dryers (gas and electric), stoves (gas and electric), refrigerators, dishwashers, sofa beds, modems, televisions and repair parts for all the previous items.We don't charge a cleaning fee because most of our tenants leave them fairly clean. 

I see hot & cold connections, but I’m wondering if the black pipe down the middle is a drain pipe for when the washer empties?

She responded late last night that it was her brother’s dog and it will never happen again.

Our washer quit working in one of our units recently, and so the guests (staying for 6 nights) had to go without it for 4 days because we couldn't get a new one delivered until then. 

If I was her, that is one hell of a sweet deal you are offering me.

@Ouman You If the property was her primary residence, yes, it will not qualify for 1031 exchange treatment.

Be sure to utilize the newer 1/4 turn stop valves, and braided stainless anti-burst flex lines and washer hoses, if applicable; and use ball valves for main and any branch mains.

I just had a freakish weekend showing a house--the first applicant was a very attractive woman who worked for a cosmetic Surgery clinic -- she had obviously taken advantage of the employee discount--she had a very nice look and way about her- & her children were nice too--she was evasive about her credit -she said it wasn't "too good"----upon getting the screening back,the records showed she had undisclosed bankruptcy, recent eviction--she said that was her sister's eviction-- it was" just in her name", the LL name she gave me was not the property owner listed on the county records--"she said that was because of a divorce and he was hiding from his wife", the child support financial records to support her income I asked her to provide "couldn't be faxed because something was wrong with the fax machine at the clinic", and she had 30 recent collections as well as 4 new court judgements-- these were" just loans and things, so how does that affect me renting your house?"

I went to a seminar last weekend and travis peterson was here in las vegas selling vegas homes.