In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!

She verified vacating the apartment on Dec 1st and shut off the electricity on Dec 3rd.   

I learned about the power of leverage with real estate investments and now make 16k/month net after all expenses off rentals by doing a cash out refi on my primary residence to get me in the game.

Permits may be needed for bedroom or bathroom modifications, especially if plumbing, electrical, or structural changes are involved.

roof on, framing done, pool started, rough plumbing done, electrical rough will start next Thursday, A/C install next Tuesday. 

Many things like electrical can often be upgraded.

Prior to losing the home in foreclosure the previous owner had retaliated against the lender by cutting out most of the exposed electrical wiring and removing the heat and air units from the property. 

Could you explain how the 150k could give me 500k buying power?? 

But once established, it becomes a powerful tool for scaling your real estate investments while safeguarding personal finances.

So the HOA is at fault there. the way these get over turned is through litigation not the country supervisors cancelling the sale they have no power to do that only a Judge does.