The deal has to make sense and you really need to know the comps to make sure your investment is going to actually make money.

The $500 plus install is probably fine, the $3,000 one is probably stupid.

Hopefully you are one of the good operators who does things the right way.

Quote from @Michael Evans: What steps do you go through to secure vacant rental properties in rough neighborhoods after a tenant leaves and you're waiting to turn the property over?

This will require a commercial loan for you or the next buyer.

You let it slide, waive the late fee, and she pays by the 10th.

@Brian Kantor late to the party, but the $4k/year quote definitely seems excessive and hope you did better with Proper.

We’d need to know a bit more about your current loan balance on the house with the 2.25% interest rate.

we ran into this in FLA  a few years back when I had 4 starts and I exited that market.. permits  sub base all pretty tough for someone who is not there and already knows the systems hands down and has a devoted loyal sub base.. thats the key in my mind.

Purchased a property that was listed by sellers agent on Zillow realtor.com etc as triplex with rents listed etc. my realtor verified the rents, as it has been rented as a triplex for 25+ years, worked with both my realtor and listing agent through the sale.