You do not need to wait to cash out on the new value as long as you have documented rehab work.

Is there something else I should be doing right now to help my chances of success?

Hello, I had a contractor quote me $1800 to do tuck pointing on the chimney. 

The problem is that we do not have the money for a downpayment and couldn't pay the note without rental payments.Zillo shows our home at $390K, meaning we have about $238K in equity.

Are you new to investing or do you have a few years under your belt?

What do you do if you are unhappy with management? 

How do you know they are accurate if you have never done a deal?

I have owned many properties in Westchester over the past 30 years, but it's best to make them fix the permitting or rip it out or use those things as a way to get a better price, which you won't get in Westchester.You only accept as-is bathrooms or basements without permits when you are going to do a full rehab yourself and can get a temporary CO.

These are some good properties to get, but there are many that sell at market value now in a lot of markets because the banks got smart and knew they needed to do some repairs to sell them at the market price to get most or all of their money back! 

Hello BP Community,I'm thinking of taking on a business partner to do out of state investing.