Thank you everyoneSo from what I gathered, it’s basically a financing option for really cheap houses you might otherwise have trouble financing with a bit of “boots on the ground” thrown in.

To me, there are always three parts to any transaction; finding the deal, finding the money, running the project. 

You are starting a new lease with these tenants, so basically you can charge whatever you want, including pet deposits and pet rent (assuming its legal to do that in your state), and increase in rent (again, some states limited how big of a % you can increase it).Its the balance of increasing it closer to market and protecting yourself for eventual damage by having pets in your units vs inducing a vacancy and starting over.....which can be scary but often its a good thing when you take over someone else's tenants. 

Loved working on this project!

I want to also know contractors that and designers that can help me getting going with a project,

I am a beginner to real estate and I’m mostly interested in learning the BRRRR strategy.

All said, this was our most successful real estate investment/project to date. 2nd one coming up soon :) What made you interested in investing in this type of deal?

I'm wondering if it's common for PMs to provide detailed receipts for each project, and if it's reasonable to request them.

Hello BP Team, I am a local Realtor and investor with a successful track record in real estate projects.

I'm doing a research project on different MTR niches and would love to interview you.