I had a walk through on a partial park last week that is currently producing an NOI on 11 units of over $70k a year.

She said they could do it for a small amount of repairs (ballpark $1k) but that's not sufficient to meet the MPR repairs listed in the seller's appraisal.For #4, I am theoretically okay with producing the difference between an appraisal and my offer price because I believe this house is worth every penny of the $182 that I offered, based on my knowledge of the market, review of comps, and plans to house hack.

If it costs me $500 in due diligence and $600 for an inspection to find out about a major issue that I'd never otherwise see, but the deal has a much better chance of producing more than that $1,100 in just 2 months of cash flow, I'll take the cost all dayThere are probably more, but this is way longer than I expected and took way longer than expected and I'm losing steam for the night.

Sweat equity does pay off if you have the time for it, I don't know that it would be as worth it for me now as my time can be spent doing many other income producing activities but for that time, this was an awesome opportunity for us!

In terms of rentals for us landlords, I could see this opening up some opportunities for current landlords to add an additional unit or two to a rental property, and also to turn a property that wouldn't generate enough cashflow with the single unit currently on-site, to producing a positive cashflow with the addition of 1-2 more units.

To qualify for a Solo 401(k), you must be self-employed producing earned income (not rents or other passive earnings) and have no full time employees in any business you control.  

I think that's going to be trial and error for your area, just do some mailings or cold calling and see which produce the best for you.2. 

Now, he must produce evidence things were broken by you, and he must also produce receipts of what was actually spent to fix those items.

It’s impossible to make those numbers work.I’m guessing fixed up to normal conditions, it’s worth $100k or less if it only produces  $1200/mo.The whole goal of brrr is to be All In for 76% of value when you’re done.

So if his expenses are a couple hundred a month they’re very high,  it they’re covered by this extra income, so his replacement does still have to produce 17% tax free return to replace it.