Especially when it comes to historical incomes, if you have something from an AirBNB/VRBO/etc. that shows how much it has made, especially 12 month trailing, that would put you in GREAT shape on the refinance.

I understand there are pros and cons to all shapes and sizes of brokers, but I think I have concluded that I would like to go with a small brokerage in the Worcester area.

While more investors are flocking to and rehabing properties, and builders are breaking ground, historical owners are also paying more attention to their properties and bringing them up to shape.

The condo is in pretty rough shape and would require about 60-70k in renovation costs to make this rentable/desirable. 

I set it up so that groups by tax categories and by property so it is a snap cone tax season.I have a seperate rent roll spreadsheet that has a tab for each property and one tab that has a running number on each property on this one page.I have customized this for my use and what my CPA needs over the years.So this is not something I would share but would be easy for someone to Google xx excel template and find a good starting point like I did years ago.

When we lived in the ADU we parked on the street.Once we move out, I will likely pave the front of the house to create a Y-shaped driveway.

Alternatively, many owners are currently motivated and might offer competitive financing.These would not be value add properties, which do notwant, but those in good maintainable shape.

I haven't sold any, but all the appraisals after doing moderate to large rehabs in really good areas of the cities I've invested in have proven to be a tremendous return.These are in such shape that you cannot buy MLS-- you must buy cash, fix yourself, then I list it for rent.

The owner has kept the property in top shape.

If the paint is in good shape there is absolutely no obligation to repaint.