When I said I get a 12% cash on cash return in Brandon, that's my net cash after paying property management, taxes and Insurance, mortgage AND putting money aside for a maintenance + Capex reserve.

So I would spend a little more and try to get into a little better than the worst areas.

I have a property that is dadu ready I have a heloc for 227,000 I want to build a dadu with the heloc money but I'm sure the cost is more than my heloc how do I get the rest of the money to finish the build so I could refi after to pay the heloc back could I get a construction loan for 100,000 to help finish the dadu?

So if you are finishing 1,000 sq ft, including adding full kitchen, bath, electrical, plumbing, etc, you will be spending about $200k in addition to the purchase price.

Alternatively, they can sign a new lease and save a lot of money.

I've found there are cheap all-wood flat pack cabs that are much better for similar money.

Don't have a lot of money as teachers pay is not good...

Well worth the money.

They left it alone a long time ago because it wasn't making them any money I suppose....I don't know but it's a crap show over there!!

So, that applicant isn't spending dozens of application fees to find a new rental.