We use docusign to send a reservation agreement which essentially makes them sign the house rules. 

I spent a total of $70k cash on the house (cash to close and renovations).

As for cash flow, from sales; probably in year two and three which should match the timing for the housing  market to reset past bottom of market and on to the stable appreciation side again.

Part of what I do in developing Workforce Housing How did you find this deal and how did you negotiate it?

This covers the purchase price of the property, any required down payment, the cost of the renovations, and any other costs like holding and closing fees.

Hi Team,I have been renovating a 4 unit building in South Shore/The Bush.

So on one for instance the buyer wanted 8k of upgraded floors the house was 850k  I countered  OK on the floors but But buyer had to pay whatever fee the buyers agent wanted. or no floors and we pay 1% to buyers agent.. they decided against the floors and to allow their agent the 1% . 

I created The Ultimate Guide to Grading Cleveland Neighborhoods for investors to get an idea on what types of houses and tenant bases they can expect when investing in the varying neighborhoods in the Cleveland area.

People struggle with housing and we need to fill that niche.

Purchase price: $460,000 Cash invested: $50,000 Renovated both units, buy & hold.