@Joe EdmondsYou may want to review with your attorney and/or check the rules in your locality as it could be a code violation for a resident not to have access to the electrical panel.

@Victoria Woodley it sounds like to me you need an experienced partner.

Review their management agreement.

No offense to anyone, I just would rather learn from people who have experienced at least one full credit cycle in this business and know how to operate regardless of interest rates/market conditions.

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

If and when I do I always ask then for a good review and do follow up afterwards if they haven't submitted a review within a week I will send them a friendly reminder. 

Im looking to get advice on the numbers to get some insight from more experienced investors.Here is the breakdown:SFH: 3/1, 1177sfAcquisition: $80kReno estimate (from contractor): $25-30kHard money terms: 12% / 3.5points (will loan $90k)ARV: $135kRealtor fee: 6% (to sell)Homes sell in about 45 daysThe owner doesn't want to sell for less than $80k, but I don't think that gives us much space if reno costs creep up.

I have a couple of potential off-market deals coming my way, and want to partner with an experienced local investor for every step of the process...help with analyzing the deals, as well as the rehab.

But you can bet I'll never omit that coverage again and will be reviewing what other "optional" policies there are that my agent neglected to tell me.