Mls, agent, off market... did these need major rehabs or were they more light updates?

Now your PITI is 900, so your cashflow is 1,100 (before repairs, cap ex, etc. but you are much less likely to need any major repairs soon because you just rehabbed it all).

For example, when the stock market has a major decline, do you immediately go buy more homes?

@Dan Roma You can have an agent list the property if you include that right in your contract (this is a major component of wholetailing).

NJ department of community affairs issued an inspection violation (green card inspection) on this for a property I am buying. 

But I do travel a lot for work (I'm currently in Redding, California).I was attending FIU as a dual major - Biology and Chemistry but I took a break. 

So, if the house needs major repairs (new roof, new pool) does this already show up in the appraisal value?

The only bright spot in the entire act is the L9 application which the vast majority of landlords do not appreciate.Not surprisingly when first legislated it was called the Tenant Protection Act.

In fact I mean staying closer to the 2% rule unless it’s already been updated so major repairs won’t be an issue.

How well prepared are you for major CapEx items?