I am looking for a house locate in a growing area for potential good tenants ( I will manage the property myself).

I'm looking for the most creative things people have seen or can think of, irrespective of how impactful it actually is to the bottom line or how much it would cost CapEx-wise.

It seems like this would be more on seller side.It’s not a deal breaker for the buyer, just a pain and occasionally a time suck, it absolutely can be an issue when you sell, not something that can’t be overcome but something that can cost time, money, effort, which again is why I’d just much rather be in condos than multi family all things equal, the per unit savings aren’t even that big in large swaths of D.C.

Or would it be more cost-effective to replace just SEER condenser and evaporator coil for the AC?

One month of vacancy costs you the mortgage payment, utilities, landscaping, etc.

The plan: I am identifying on/off market properties that are targets, will do all of the real estate work (listing, showing, advertising, vetting, etc) and will split the cost of the purchase of the home and the material costs for any needed repairs.The contractor will be subbing out portions of the job and be on site mostly full time until the project is completed. 

While older buildings can come with maintenance challenges, they also offer character and potential for value-add through renovations.

However, it adds complexity with more paperwork and potential self-employment taxes on all the income.Doing it as an individual is simpler, with everything going on your personal tax return, and you might benefit from the home sale exclusion if you end up living in the property for a few years.

I got the property for under market value so I believe there is potential to BRRRR this property.On the day of closing I did a walk through and met the tenants of the other side.

We know that a dual fuel system would be more optimal, but the cost of running a gas line and venting is likely higher than adding another circuit for the heat strip.Furthermore, we are looking for recommendations for an HVAC installer in Chicago.