But at least there's a chance, and it could land somewhere between 75% and 100%, which is an improvement.

She's now looking more seriously at getting a mortgage on one of the houses, given a significant amount of capital improvements she will likely have to make in the near future.

My seller financing contract strictly forbids residential improvements and also states that the property is for recreational use only. 

I switched over my 3 single family homes to them last summer and it was an incredible improvement from my last PM. 

Keeping it broken out by vacancy, maintenance, capex, and other categories does nothing to improve your performance.

Also, be sure to go back and account for all improvements you made to the condo which will increase your cost basis. 

The houses needed ~$100,000 in improvements to bring the rents up.A local commercial bank was willing to lend 85% loan-to-cost (LTC) of the purchase and rehab which equated to $442,000 at 4.25% interest.

After a tax certificate sale in Alabama, the investor is entitled to possession and in some circumstances can make improvements to the property.

After a tax certificate sale in Alabama, the investor is entitled to possession and in some circumstances can make improvements to the property.

This would include architectural fees, new equipment, cost of protecting or defending your title to the property, or building improvements.