What part of town is ideal, how did you acquired the loan and what did the numbers look like including cash flow.I would imagine that most responses would have me move to the midwest, but my grandfather has dementia so staying here is essential for now.Your thoughts and responses are greatly appreciated. 

So this might be ideal for a 2 year flip situation.

At least with a warranty plan, you do not waste time price shopping or getting gauge by contractors.Small Team:  Ideally you have your go-to contractors. 

We've had the stimulus we have had PPP loans EIDL loans, our phones have been ringing off the hook with questions about it people who aren't our clients are asking for help so chances are if they were cold or distant all they might just be a little stressed out.As for the due date I can tell you my firm we default our due date to the latest the IRS allows us to pay this is simply because most clients do not want to pay prior and setting up and auto debit allows them to keep the money in their bank longer.This year we've noticed several returns get hung up in the IRS system and just saying processing I have one that we filed on February 15th that is still saying processing and we can't get a hold of anybody to find out what's going on.You are making an assumption that the assistant dealt with everything they may deal with communications for the accountant so that way they can work on physical work on tax returns.

DSCR: .70% ideal is you are at 1.2% meaning rents pay the mortgage and 20% extra. 1# rule is .68%50% rule 53.5% you are still missing Capex but I'm assuming your warranty for $1000 per year.Cap rate 3.79% if you wanted 5% the purchase price would be 435K.

With the few we have had turn in the winter, we do seem to get a good applicant pool to choose from but efficiently working turnovers in Nov/Dec isn’t ideal for our model.

Unless the seller provided good move-in documentation (move-in condition list ideally with accompanying photos), you have no way of knowing what was pre-existing.  

I looked at some DEEP energy conversions and their basement refreshes look ideal but not sure what the cost of that is. i did do an energy assessment a while back and in 2014ish blew in over 2' of insulation into the attic space, so that is good there. thoughts on where I should start this effort?

While the situation is not ideal, I will be able to get through most downturns and hopefully buy properties on the cheap from those over leveraged investors.

Hello All,I am starting out building a real estate investing company (typing up a business plan, etc.) and was wondering if any professionals out there had feedback for the tech that helped them stay productive. I cur...