It's a finance institute of one form or fashion, they will use it if it's in there best interest, and that means the person who holds the button to drop that ax.

The rent dropped from $2,750 last year to $2,450 this year, and it took two months to lease.

@Chris SeveneyI saw your post re: "faux endorsements" by name-dropping. 

Wood Floors not sealed, tile not properly installed and grouted, cheap flat paint that the tenants can't wipe finger prints or food splashes off, countertops not caulked so water gets behind causing water damages, the cabinets were painted over not replaced the list goes on and on.

You need to be aggressive with your pricing to compete for the few available renters.I recommend dropping our price to $1,750 and offering a month-to-month lease or six-month lease.

Side note; if you google 46218 the only photo that shows up is a gross water damaged basement. 

It is confusing why the cashflow dropped.

Personally I would not go above 70% and when your done building mode drop down to roughly 50%.

Alternatively, your GC can keep you posted on progress, but having a local project manager or even a trusted friend to occasionally drop by can provide extra peace of mind.Hope this helps, and good luck with your rehab project!

If its going to be a 2 day drive or a 7 hour/$1000 airplane adventure with a 3 hour layover in the middle, not so cool.Both of the properties are also places we don't mind going so its not a huge hassle if we need to drop in.Taxes:  The taxes get significantly more complicated with new state returns.