The renovation would cost $25k. 

My advice is learn to be more detail oriented,  like actually reading the description of the forum you post in looking for advice, and see it's about maintenance and renovation.

They have tons of renovated property that you can add to your portfolio and put tenants in them with 2-3 year leases.

Condition: 18/22 have been renovated to bring them to market rentable value.

We lived in the 2 bedroom side of the property for a year, keeping the current tenants on the 3/2.In June, 2017 we increased rent from $800 to $850. 6 months after that, we purchased a home to live in (with our 2nd child just 3 months old) and moved out, intending to renovate the 2/2 we'd been living in.In August 2017, after moving, we started renovations, which (of course) took longer than expected and cost more than estimated.

How much renovation costs are you looking for.

Renovations are also needed to make the barbershop operational i was wondering should I get a construction loan or use OPM for the repairs?

Introduction person:Staff and zoning commission recommended denial31 notices mailed 1 in favour 5 in oppositionAlfred:I would like to have favour on this property. 40K in renovations to bring up to the city ordinance.

The lease stays in place with the sale...you inherit it, so there is no change with the change in ownershipRun your numbers based on the current situation and lease..... then run it on a conservative plan based on increased rents and factor in turn over cost, renovation, vacancy etc..... based on those number you decide if it makes sense to try and buy them out with "cash for key" or suck it up for a year with the current lease or worst case walk away from the dealIts definitely worth a shot to try and renegotiate the selling price based on the current rent..... but sounds like it wont budge much....No way would I try and extend the lease even farther with a tenant that I know ZERO about.....

I did hire him to renovate my NYC coop, and found that at the end of the experiment, although I was very happy with the quality of the work, communication between us was difficult and his subs were less than forthright.