House was in rough shape and required an extensive renovation.   

Investing in a city or state you haven't visited and and do not have extensive knowledge on can add unforeseen variables that make a deal not pencil or too much of a headache. 

Identify a market where you want to invest and focus on networking extensively.

But also if you come across a deal don't shy away or run from it because you don't have an extensive Buyers list.

Also it's a good time to look around to see if the tenants have a bunch of stuff plugged into an extension cord somewhere in the house - new service, old wiring, and multiple devices on an extension cord pulling juice from knob and tube wiring is no bueno.Do not call your insurance company about the repair!

hello BP - have to call on your vast, extensive experience.  

I am going to be doing an extensive renovation, biggest thing is dorming out the roof to increase the size of the bedrooms.

They have failed to renew my entities with the Secretaries of State multiple times, have billed me wrong amounts, and GREATEST OF ALL, have cost my business ~$50K in cumulative TAX PENALTIES due to negligence in filing for a tax extension, failing to walk me through my tax filings and needed payments, and failing to file an abatement promptly.

The tenant requested an extension to find a new place, so I granted a 15-day extension with a new end date of July 15th.

Due to interest rates and overall market conditions, sourcing SHF or small multifamily LTRs that cash flow is still challenging unless you're putting down a significant amount or finding deals off-market.Nevertheless, my team and I still have an extensive network of investors focusing on SFH deals and small multifamily acquisitions.