Things like a new roof can range - here in Philadelphia where i do a lot of work, our flat rubber rowhome roofs are fairly inexpensive and standard . . .

It earns a great rate of return compared to a bank account and is fairly liquid.

The process was fairly smooth for me.

@Garry LawrenceDevin Moreno has a bunch of videos on rent-by-the-room strategy in Baltimore on hisYoutube channel.

There are a bunch of ways to do this depending on the property type, usage, and you (income and credit scores).If this is a primary residence, you can get up to 90% of the value of your home minus any exisitng debt. 

Being fairly new to land lording I felt the need to gather a bit more insight from other seasoned professional with how to proceed, but you're absolutely right. 

Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.

The numbers can be adjusted for taking more from the HELOC to do repairs and add furnishings, but I think it's fair to say that $1880 + $700 - (cost to borrow for repairs and furnishings) will be at or greater than the original $2300 in profit form the single house.5.

It's lower than 1.5%, sometimes I price deals out conventional & DSCR, DSCR beats conventional pricing a fair amount of the time.The only catch is the prepayment penalty on a DSCR loan.

Do you think that is fair - to be forced to pay for your manager's mistake?