I get the the post card route is way more efficient from a time perspective (although at twice the cost), but really wondering about response rates.   

A month at Anytime Fitness will cost you less than $50 and they can shower 20 times a day without a problem.

Do you know how much the repairs should REALLY cost vs just being told this is the price?

Completely Separate entities with completely separate management accounts means more administrative work and other costs.

The ultimate goal is to maximize income potential and tenant satisfaction.Good luck!

Hello, I have two questions - hoping some of you may have advice based on experience.I am intending to team up with a coworker who plans to pay for the rehab costs of a BRRRR strategy as I pay for the down payment.

I would lend on a property after the deed has been issued and the borrower has had a chance to walk the property and assess value and potential and I've had a chance to assess the deal.If you find a professional lender willing to do this, let me know. 

Investigating 1st floor leak would be quite involved with potential sources being bathroom above but hard to say.

The location of that property would even lend itself to midterm or short term tenants, which would increase rent potential.

Typically I would account for the cost to turn a unit into the expense line items.