And a nice rehabbed cash flowing house with a new roof, hvac, driveway, LVP floors and updated kitchen and bathrooms.

With builders offering in-house financing as low as 5.5% for investors/second home owners, and warranties on roofs and HVAC systems, I continue to support new construction as a solid choice for LTR buyers.

I just bought a new property and I was wondering if I was going to rent this out, what repairs should I make in terms of the roof and should I add an addition?

It was the roofing scams combined with no cap on attorney fees for small claims. 

I already met some new contractorswho said can finish the work within the $60K budget, however, they didmentioned some things the contactor did wrong with our house that they wouldhave to fix (leak in our roof from our chimney, new gate hinges because they put the wrong ones on there and other small things).

We hired another contractor (a church friend of a realtor that we'd used in the past and we trust this realtor 100%) and paid him $15,000 to start the same project and everything went great; he completed demolition, installed the new roof, and got some permits (roof permit, electrical, and plumbing).

Make sure your first property has no long-term cap ex coming like roofs, furnaces, sewer, etc so you know you won't get a 10k bill when you buy another one and lose profit on all across the board.

He flew a drone and saw that there was more roof work than I felt comfortable taking on, ontop of some code violations in one of the units and exposed knob and tube wiring in the attic space.  

Keep an eye on the trends in FL at this moment as well, especially in hurricane season, with home insurance.

“If corporate feels they can make more money if they can get that person out and get somebody new in there, they can,” Torres said.Eviction by golf cartAt the Cyprus Apartments complex, with rows of tile-roofed buildings and more than 500 units, evictions were conducted under the shade of a golf cart as the temperature crept to 109 degrees.April Cordova, the property’s manager, surveyed the damage at an already empty unit.