We thought this would be great because he already has a rapport with the current tenants and we don't want to make major changes since we will be soon increasing the rents after some capital upgrades. 

This home was purchased, thoughtfully renovated, and beautifully furnished for use as a mid-term rental in Richmond, VA.

For the remaining I thought I could borrow 50% of my 401k to make up the differences of the 85k. but I found out I can only max out 50k so that leaves me a balance of 35k. 

Would you mind sharing your thoughts on your current PM's?  

My initial thoughts would be to secure a construction loan for the total rehab amount based on the entire property's ARV.

Any thoughts on the program? 

So what are your thoughts on providing a Bed Bug addendum along with your lease agreement?

I very well could be over analyzing this but hoping to gather the BP community's thoughts and suggestions for CPAs on the Seacoast of NH.Thanks in advance!

Hello BP Community, I just purchased an 8-plex in the McAllen Tx area and wanted your thoughts on how you manage it. 

I'm curious if anyone's done this before and has any thoughts on how to start/move forward.