It's important to familiarize yourself with landlord-tenant laws in your area, and stay on top of maintenance and repair issues to keep the building in good condition.It's also important to thoroughly evaluate the financials of the building before making a purchase.

This will help ensure that the project stays on track and within your financial goals.

I do report my financial assets on 8938.

They can provide tailored advice based on your specific financial and tax situation, helping you navigate the potential benefits and pitfalls of using your AIO loan for home improvement purposes.Regards,KC 

Would love to connect with like-minded individuals and hunt down RE deals.

I’m not going to name names… and get sued and blacklisted…So…. no… but ….. just…look…And…before you agree to buy your next property  from any of these sources,Explain that you want to see a Prelim Hud-1 / financial disclosure first.….INCLUDING …ALL… COSTS, FEES , CONSULTING FEES.You will likely get one of the two following responses..1) “ the hud 1 isn’t available”… if you are financing…..this is FALSE…the disclosure IS available..as it is one of the benchmark doc FOR the financing.Or..2) that wholesaler, guru, or turn key company says that they don’t want to do business with you… what they Actually just taught you.. is that you don’t want to do business with them..OOOHHH.OPTION THREE..no problem Mr Buyer… here’s the Financial Disclosure… note line 36 near the bottom on the right column… there’s a “ consulting fee”… that’s my cost .Hmmmm I know where I’m sending my business.I would love to help build your financial future ..

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Found BiggerPockets and am now trying to get my financials fixed up within the next 6 months and getting my first/second property by the end of the year.

I’ve also been reinvesting capital to help reduce my overall expenses by replacing existing oil furnaces in 3 buildings where I pay for the oil to individual propane heaters that the tenants will pay for their own heat going forward with.

I do prefer individuals in the Columbus, Ohio but open to considering outside the area.