It's recommended to hire and inspector to go over the home prior to purchase.

I've worked for several moving companies in the Atlanta and Pittsburgh metro area prior to establishing Precision Movers.

While I think I'm fairly handy (but extremely slow compared to a pro), I don't think I have the time to get into rehabs, neither in DIY nor in the managing sub-contractors way.

If you have a well-maintained unit in a decent area, your tenants will want to stay, even if the increase is substantial and it is within market rent.BTW, prior to purchasing, ask the owner for copies of the most recent utility bills, tenant estoppel certificates (signed paper from tenant stating financial terms of the lease) and CLUE report ( A report that lists if any insurance claims have been filed against the property in the last 7 years) to ensure property is insurable.

It seems like leaving it out would under-value the real estate investment opportunity, especially if you are comparing it to a different asset-class (like stocks) that don't give you that phantom expense write-off .Thoughts?

Just tell them upfront that prior to final payment for the task, the job will have to be reviewed, and to expect 3-5 days for final payment.

The option money put up front by the tenant/buyer will typically be very small compared to the down payment and the rehab costs you had invested.Happy Investing!

A couple comments to prior posts.

Too much of a time drain on my life with the drama and they are low producers compared to what I can close on my own spending time directly with clients.

I wanted to be loyal as I've always gotten great service from them, but you have to consider the product and how painless for you it is.I encourage you to seek out and compare different lenders.