That leaves HOA fees (if applicable), restocking basic supplies like paper goods and linens, power and water, landscaping, snow removal (in Bend, OR).

Great advice here already given here, so please don't bend your screening to take the upfront rent.

And don't bend for any reason, no matter the sob story, because it could hurt YOU in the long run, if not now then sometime in the future.Good luck.

A deal that generates such positive cash flows cannot have an unusually low IRR without a compelling explanation, even with a standard cap rate expansion assumption.

Question:$1M value existing property$700K unusued line of credit on existing property$1M replacement property$300K down payment for replacement property (funded by $700K line of credit)This appears to cause problems for the 1031 on $400K. 

The theory being that your type of flooding is unusual and most flooding could be linked to an electrical outage and no wifi.

You get unusual response rates and stellar deal rates, even as a "newbie".Good job Crystal and I hope you can keep us updated with your progress and success.

You'll still have your ordinary maintenance calls for clogged toilets, lack of hot water, and maybe even some unusual ones like a crock pot that didn't properly heat and cook their casserole.Short-term makes more money but takes more time, period.

It's unusual that they would willingly agree to a rent increase.

I have house I'm thinking of investing Asking 110KArv 140KOwner say they will settle for what they owe on loan 106KHas long crack in basement foundation wall the pipes on wall bending Needs cosmetics work new carpet new tile andWould u close on this?