Pending sales are a forward-looking indicator of home sales based on contract signings.

So, if your contract is based on a calendar month, you giving notice in mid-June would then legally be effective at the end of July.Do you have tenant contact info?

I would evaluate the decision to add a balcony based on economics and the ability to attract good tenants alone.

In the beginning stages of organizing a Schaumburg based meet up.

If you just listen to the 1000+ podcasts of the 'real estate', 'money' and 'rookie' you would have a good base of knowledge. 

If my lease did not have this as the tenant responsibility, I would reimburse you based on those pictures.  

Will a bank see the same value that I do and be willing l do a DSCR loan based on LTR and STR on the same property?

The heavy discount for List Source and the skip tracing was a big draw for my interest.

G'Day Carlos,Personally, I think it's a recipe for disaster rehabbing from out of state.IMO you would need deep roots in the specific market you are looking at investing.Or years long experience of knowing the who, what and when in that specific market.I only know of a handful of folks that can do it successfully and even they have been at it for many years and probably still loose money on rehabs to this day, no matter how integrated they are with everything and everyone.A good resources for pre-purchase, during rehab and after rehab's is Inspectify.Always get eyes on site before buying a property or processing a progress draw for the rehab.Much success

However, I can tell you this based on 40+ years having purchased over 150 properties, financed over 500, and brokered too many to count.