Paint, carpet, etc.

(I used to live in the area)From the video of the property, it looks like paint, carpet and cleanup.

I currently have a career with a local municipality..also in engineering, and will base some of my plan/niche choosing on the following:1) I must have continuous passion for the niche I choose.2) It must work with my current work schedule..."

After 2 years tax returns reflecting rental income then lenders will start to calculate rental income into your DTI.Either path you choose, make sure you analyze the numbers conservatively to make sure the deal cash flows for you with however you structure it.

Please choose the lease term that would best fit your situation:1.

I know I have another post with a similar question but I have 3 painters coming for estimates tomorrow and new posts get more action.I was going to get the walls painted softer tan (Sherwin Williams) - paint the basement floor grey and light grey on basement walls - I WAS going to paint all brown doors and trim white because of what I read on BP.

I follow up with a phone call, ONE phone call, two days later, a letter 4-5 days after that and a notice my offer no longer stands (worded more friendly with a slew of options for the seller to keep the opportunity open) a few days after that.Some sellers will just have second thoughts and choose to avoid the confrontation of directly turning you down.

You must choose your own path and determine your own comfort levels versus risks and rewards.

One month of vacancy, plus carpet and paint will cut your cash flow by $100+/mo.

We are assuming 10% vacancy and $600 rents till we can actually see the rent roll and also including is a reserve for large capital(roof/painting/paving).