All items are to be addressed prior to closing with follow up city inspection.The property needs about $60k in repairs or replacements of items such as driveway, windows, heating units, side walk etc based on inspections and estimates.

All items are to be addressed prior to closing with follow up city inspection.The property needs about $60k in repairs or replacements of items such as driveway, windows, heating units, side walk etc based on inspections and estimates.

We sent her the checklist of repairs we made after turn over activities. 

Does anyone know of a good fence repair company that services Humble, TX?

I like the standard 1% math using most of what is mentioned here with monthly PITI be 0.5% and let vacancy, repair, property manager be the other 0.5% (unless it’s a condo with a steep condo association fee).

Hansen then called me saying that he discovered termite damage and the repair was going to add another 15k to the rehab.

Ensure to double-check what you expect the After Repair Value to be, so you can know, or have a good idea going into the deal, if you will get all of your cash back, or what amount you can expect to get back. 

What does the code 1975 40-10 say about receipts for repairs or improvements made? 

I'm not one of the "pros" you asked at the end, but here's my 2 cents:With your immediate refi strategy, it sounds like you intend to create value through renovations/repairs (since you only can make money with an immediate refi by buying cheap or forcing appreciation).

When I moved to my new home last February, there were some things that got dinged, including the custom built spiral staircase.The moving company repaired the things they could and send a contractor for the rest.I'd just ask them how they intend to make it right.