Hi Vadim,There is a conventional/FHA program called a '203k rehab loan' which allows you to purchase a property and wrap in ALL renovation costs INTO the mortgage, so in your example above, the total loan balance would be around $70,000. 

If it is a regular rental, draw up paperwork that clearly outlines how much money they lent you, when it will be paid back and how much (eg if you buy a house for $400K and 10 years later they move out and it sells for $500K-do they get a percentage of the profit (after taxes and costs)?

A: Landlord has an obligation to provide clean water, suck it up and buy it.B: Hard water is bad for your plumbing, buy it hopefully to decrease future repairs.C: Water softeners, like under-sink disposals, ice makers, ceiling fans, love to break and cost you money.

Looking for some insight. I recently purchased a SFR in the Charlotte area, during the renovation my exit strategy has changed! Originally I was just going to flip this property,  now I really want to keep it as a ren...

Take that number and multiply it by 12% and that’s your allowance for marketing per deal  Take that number and divide it by your historical lead cost.  

Some of the top neighborhoods closer to downtown Tampa and downtown St Petersburg include:South Tampa - 33629, 33611, 33609, 33616 (there is potential to get homes under $500k here but prices go up to $1 million+).

You would have to consider the costs of doing this as opposed to changing your occupancy strategy (STR, MTR). 

I had to replace the fences after a strong storm last year, which costed $4200 in materials and labor.

I'm looking at a potential self-storage deal which I could use some assistance with.

If none, NY and NJ are not the best spot to "try" one as your buy-in is very high, cost is high, lag time is long, and competition is fierce.