You end up with Hotel Quality sheets / soaps for the cost of Amazon or even less.

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

It doesn’t cost you anything and gives the tenant time to rearrange their entire life around your decision. 

They are a bit undersized but perfectly suitable for 1 bedroom apartments and the slight increase in costs is far less than the costs associated with venting the units properly.

  ( Maryland )  Small parking lot 12 cars plow and salt $450 . 2 in trigger Costs are regional for sure 

If you have a seller-financed deal, I can help you line up a DSCR loan and set up a second position behind it so you don’t have to come out of pocket much.

You can also gain valuable experience virtually and offer low or no cost "co-hosting" services.

We abated the walls, and that added $10,000 to our costs.