You can buy mitered pieces at home depot or lowes relatively cheaply.

There is also the underlying issue of cost of time related to resolving this issue.

.* 3rd BS - Income limitation - This is related to BS #2 :-).

You might consider teaming up with a mortgage broker to share the cost.The list criteria should include Renters, age 30-50, Income $70,000 plus, high Financial Stability Score and with that many bedrooms I'd add in families with children.

I could not find one for construction related comments.

Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!

In the meantime of you looking for deals, you need to be stacking money as quickly as possible and another good thing you do with the FHA is utilize a 203k loan in which the rehab related expenses would be funded and this would be wrapped into your mortgage.

Question related to Billy's original post: is it in fact true that you don't have to use a 203k certified GC but rather just a 203k consultant?

At the very least - you should be able to deduct items related to the driving truck(do you own or lease it?)

The amount will depend on the age and condition.