We still can t closed because sellers contractors need to finish some work (apparently due to damage from a tornado)Would I be entitled to back out or some sort of compensation ?

My total bill last month was $2800 which put's me on track thus far for over 33k per year not including tax returns.I should disclose that I have another business that keeps me traveling pretty much half the year.Our Real Estate business operation looks like this:Property manager handles tenants and collects rents, he deposits all rents into our accounts and coordinates the rent roll with bookkeeping, they cut him a check for his gross collected rent management fee, bank statements are automatically sent to CPA's office for them to reconcile against business credit card statements, they also handle 95% of day to day financial operations from there to include paying contractors, setting up utilities, paying company bills ,bank deposits etc. for 4 and now 5 entities with the short term rental llc.We have a initial goal of 100 doors so I it's pretty easy to see this cost jumping significanly in the not so distant future.

I've seen contractors propose these both ways for the same work.If it's an alteration, would it be considered a repair??

Any info on the area, comps, rental cap rates, property appreciation, contractors, inspectors ...ANYTHING !!!

Any info on the area, comps, rental cap rates, property appreciation, contractors, inspectors ...ANYTHING !!!

@Michael Noto I've owned the property since April 2017 and finished the renovations to a point where the HUD consultant and contractor deemed "livable condition" in November.

It is an electric mower (again not a huge yard and would be worried about the pricier gas mowers and someone not using right) but that leaves possibility of them running over the cord. 

Can any investor recommend any good and reliable rehab contractor within marysville,wa?

There is an argument to be made that a land contract or a subject 2 structured strong enough could cross the "risk of loss passing" bar and that the bundle of rights you have in controlling the property is enough to make it equivalent to having a deeded interest in the property.We've done 1031 exchanges for land contracts occasionally. 

My main concern with the long distance investing is getting cheated on quotes from contractors because I can not be there to see the work.