Expectations for a higher standard of decor and theming has infiltrated this industry and those are the ones that do well.

This is a great idea that I think I will incorporate.Your point about a contingency line item is smart, I will need to talk to my lender about that possibility. 

Not to mention the idea of my “business†relying on my friends and family also being suckered into signing up is just appalling.

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

Additionally, when underwriting deals, you need to account for the general idea that repairs and maintenance will be a larger percentage of your rent, the lower your rental is.  

Oh, and after the property is purchased and brought up to standard, HomeRoom has a team of decorators who do the work of furnishing the common areas.

Quote from @Eli Edwards: @Brian Bohrer I can't believe I never even thought about calling the we buy houses signs.... that's a great idea.

Going forward it would be good to specify that your property management software is the only acceptable method of payment in your lease (if not done so already).It might also be a good idea to check the pre-existing lease to see if they have any clause like that (sounds like you already did that).

He's my lender and he'd have a good idea.

I had no idea what to do.