I have some in-house laborers for any large projects but sometimes value add can even be raising rents to market or finding an off market gem. 

You'll get to write off any home expenses against your rental income as well. 

Once the work was complete, I refinanced to pay off the hard money loan and held the property as a long-term asset.This duplex also marked the start of my short-term rental journey—we ran our first Airbnb from one of the apartments before scaling to bigger projects.

Purchase price: $230,000 Cash invested: $283,550 Sale price: $283,500 Purchased off market. $25,000 Rehab. $20,000 profit after realtor commission.

Documents off Google never work, as I tried...too many times.

If there is even a small chance, I would disclose.If I remediated the water issue and confirmed it's no longer an issue, then I would not feel the need to disclose that.Talk to a Chicago attorney to get the best answer....who would ultimately be the one who would defend you in court...when in doubt, disclose, and you'll be better off.

The Real Estate Rookie podcast is such a great resource—you're off to a fantastic start.

Some servicers label your loan as troubled and they sell it off ASAP.

One of the things I'm trying to figure out is if I'm better off getting a few lower cost properties or on higher priced property. 

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