.- You could also try selling to another naive investor, but you don't have the infrastructure to do so easily. 2) You'll need to evict the tenant if you haven't already.3) Have 2-3 agents tour the property and take videos of their recommendations of repairs.4) Review all of these to create consensus Scope Of Work (SOW). 5) Get 2-4 bids on the SOW6) Review bids to determine cost effectiveness of what to actually do.

I tend to write off physical expenses to the building and do not write off expenses associated with personal effects.

It’s proven very effective and just makes good common sense.

Emergency Maintenance: Regular maintenance is on the owner, emergency repairs might be charged to tenants if they caused the problem.By proactively managing these expenses and clearly communicating responsibilities to tenants, property owners can maintain their properties effectively while minimizing unexpected costs.

I've been told the higher deductible also effectively killed FHA financing.

Due Diligence: 90 days   Close: 30 days   Earnest money: 1%Sale lease back that will take effect at closing. $26,800 a month for 6 months NNN. 

By negotiating effectively, we reached a deal that suited both parties, allowing us to focus on planned renovations that would significantly increase the property’s resale value.

That is the best site, super cost effective, for finding the best MTR guests.

Alternatively, I’m considering wholesaling it for a quick $20K, but I’m not sure how to find local investors who can move quickly and close within the bank’s timeframe.I’d appreciate any tips or guidance on whether I’m approaching this the right way, ways I could improve, or how to effectively connect with local investors who could allow me to wholesale this property and make some immediate cash.

We manage about 80 so likely some of these may not be cost effective for you if you have a smaller portfolio:PMS: StreamlinePricing: RevMax (but I also recommend Beyond Pricing)Channel Manager: BookingPal (RentalsUnited is also good)Automations (Locks, Thermostats): LynxAirDNA for market dataHope that helps!