If its home that went through a remodel, typically there is not any sort of warranty and you will still experience some work orders come in.Either way, great option for some investors and currently there are still some deals out there that you can walk into equity with, which is typically why you'd want a non-turnkey property. builder warranties are for 1 year typically.. 

Quote from @Cierra Butler: Jonathan, The tenant does not currently owe any money.

With current interest rates (at least in Canada and guessing the US is similar), you'd be further ahead investing that money elsewhere and continuing to let the tenant pay down the mortgage with their rent. 

Currently on market and hoping to get some proceeds to venture into something new in 2025.That's awesome! 

Theyre currently busy with over-regulating RE investors at the moment with vague wholesaling laws, so we'll see.

Currently we are finalizing paperwork and figuring out what insurance we need and just trying to figure everything out all at once.

If the figure of $1200 is being floated on the listing it’s highly possible the current owner is locked in and grandfathered at this price and even if you get a policy with the same insurance company your policy will be significantly more expensive.

Quote from @Zachary Kessler: Hello all I’m currently hacking my house that has an ADU dwelling that generates income, I bought this property intending to leave and rent the house that I currently reside in (2 bed 1 bath) I currently have a very good interest rate locked in here from 2022 that I don’t want to lose or have my mortgage called due from leaving here, I live here for very cheap with the income from the ADU.

Currently the portfolio is 5 properties, 7 doors, valued at $1.2M with $558K equity.

Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection.