I have a lease that makes requirements; no inoperable vehicles or machinery, trash carts returned within 24 hours, no furniture or other items left outside unless designed for outdoor use, lawns kept in like manner of other surrounding properties...etc.

Assign vendors, track costs and estimates, manage invoice numbers, assign status and priority, run credit checks, state or federal criminal background reports, link any task or appointment to tenants or units, and get reminders about important events or todo items.

Therefore in financing the properties to the potential homeowner(yes, classes and counseling are required) you are bypassing many fees that would have been required with traditional financing.

Well repairs are not going to cost you too much, if that is all the items you listed.

I work predominantly with investors and have financed thousands of investment loans #'s 5-10 with traditional FNMA loans.

I am trying to correctly price all the costs of material and labor on my repair estimate sheet, and I just happened to stumble across a website called homewyse.com I am pretty sure the pricing is geared towards a traditional homeowner, but I am just trying to find out whether someone has used this website before and found the pricing to be accurate.

., roofs and boilers and other big items), vacancy, legal costs, CPA costs (you'll have to file taxes in the US and in NY.)What's rental demand like in that area?

If it's a bigger job ask for an itemized estimate, and have a penalty for not completing on time except for weather conditions.

You can normally borrow money from your 401k at competitive rates and pay yourself back or you could take a traditional IRA and roll it into a Self Directed IRA and invest your cash in real estate.

The benefits do not outweigh the risks to me.If they sue you and go to court the money you gained will be wiped out in court costs and then some along with a bunch of time wasted.Also you will have a hard time proving the items belong to the tenant.They could have a loan on them,be borrowed from a friend,or other people staying there not on the lease could say it belongs to them.This happens in judgements too.You get a judgement and before garnishment you have the defendant fill out an interogattory questionaire from the court.Do you think people are going to list a 2,000 tv when they know you are after it??