If there’s an electrical issue, it’s typically up to the landlord to fix it.Heating and Cooling Systems: The landlord is responsible for maintaining and repairing any installed heating and cooling systems.Appliances: If the property comes with appliances, the landlord is responsible for repairing them if they break down.Safety Repairs: This includes things like smoke detectors, carbon monoxide detectors, and any other safety equipment the property might have.Remember, these responsibilities can sometimes vary based on the terms of your lease agreement, so it’s always a good idea to clarify these points with your tenants.

If it's a primary residence (house-hack) you can go as low as 3.5-5% down but these loans typically require the residence to be in a decent condition.

There are no legal ramifications for an appliance repair taking a very typical two weeks in California.

Conventional loans typically have a higher down payment but they work well with out-of-state investing.

And refinishing is typically pricy if done by pros...However if you are confident in your abilities to do it yourself, and looking to save right now, refinishing yourself might be an option. 

So essentially question number #2 is only valid if question #1 is not allowed.

Typically, those sellers are not as motivated or distressed as the ones in our cash sales.

@Janani Rangaraj, here's the reality: an acquisition budget of $300k-$350k typically means buying in a B/B- market in metro Atlanta.

When people use the term "property manager" they are typically referring to a third party who manages rental property for another.

Pretty much everything is negotiable in real estate.Loan Origination is how much the lender is going to make on the file (if direct lenders: this is typically a junk fee; if brokers: this is your loan officers compensation).Points: this is the cost for the rate itself (if direct lenders: this can be negotiated, as they manufacture the rate sheet with profit baked in; if brokers: the rate is the rate, you are getting bottom of the barrel pricing).Credit report/appraisal: these are the actual costs -- no money can be made.