It's a quick $1000 fix using our basement water proofing guys.We pump well away from the perimeter using lateral drains as many sump pumps just pushing water to the surface near the wall & it just heads straight down.

In all 3 scenarios, your ROI is almost infinite because you don't have any of your cash invested in the rental property AND you have between 20 and 25% equity in the property in case something happens to you financially later and you need to sell. 

When we signed the lease, I said that I would get someone down into the basement to add washer and dryer hookups ASAP to hookup the stackable washer and dryer I bought for the property.After having a plumber, an electrician, and an HVAC guy come down, I got those installed much later than I was hoping.

and if she chooses to give you some option or terms for purchase later that shouldn't complicate things with her 1031.Yep could work

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Will need to increase rent later.

I dropped the price to about tax assessment and had an offer a few days later.

I eventually found one a couple months later, but I enjoyed the process because I learned a lot of bank requirements and what was needed on my end to make their job easier.Another great idea would be to go to your local REIA and ask around to see who other investors in the MFR space are using on their deals.I hope this helps and Best of Luck!

Get today’s pennies into houses, and watch it multiply into tomorrow’s dollars.See the original at: https://thinkrealty.com/seven-reasons-invest-single-family-rentals-sooner-rather-later/

1) Rich Dad Poor Dad (READ THIS DAMN BOOK)2) I Will Teach You To Be Rich (Hands down 110% the best book EVER, this WILL change your life as I can attest to as I'm implementing the tips in my life now) 3) Set For Life (This is the mindset and goals you must have to achieve Financial Freedom)4) The One Thing (What can YOU do NOW to BENEFIT you later)5) The Four Hour Work Week (No it's not about working 4hrs a week, it's about optimising your time and it works!)