I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I will have the renter sign and make copies of and provide them a copy.- I have the statement of condition that I will have the renter sign and make copies of and provide them a copy.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

You buy at a small price thinking high cash flow yield but then do not factor to renew tenant will likely want new roof, parking lot, etc. at hundreds of thousands of cost.

-Costs involved for cutting curbs and running sewer? 

I want to schedule a consultation with them to find out more and how much it costs but thought I would get some opinions here first.

Feel free to send me a PM if you want to discuss market rents etc. 

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

Side question: How can you help ensure a good, timely, mistake free lending process? 

Seems like everything cost an arm and a leg to get nowadays.

A Cost Segregation Study was performed on a 2-story, 5,237 square foot Office Building located in Louisville, KY that was built in 1946 and purchased by its new owners in 2021.

I’ve received some very favorable estimates in cost and timeline for the plans I had created.