Renting out property can always be a gamble, with the risk of a bad tenant who could, for example, smash a hole in the wall or bail on paying rent.

My question is, the several customers that went and saw the property said that the price was too high and the kitchen was in really bad shape, which it does need an update being an original kitchen but we put a lot of time cleaning it and painting the kitchen cabinets and walls and putting new lights.I was wondering if we should drop the price after this weekend.

Here are some of the SKU’s we used:Material list (Interior):Wall and Ceiling Color – Aged Beige (Behr PPU 7-9)Trim Color – Riviera Beach (Behr PPU 7-7m)Door Color – Rolling Pebble (Behr PPU 7-23)Flooring – Hampton Bay High-Gloss Natural Palm (822-042)Carpet – Arabesque (1000-019-537)Interior Doors – Jeldwen Continental-Style (729-608)Living Room Light – 13” Bronze 2-Light Flushmount Twin-Pack (790-545)Dining Room Chandelier – 3-Light Bronze Riverside by Progress (661-224)Baseboards – Pro-Pack of 7/16?

I will keep everyone posted when I either succeed or hit my next wall.

If you just google a bit, you will see that a grow house can severely damage your property.I have a buddy who had tenants growing in all the bedrooms and the humidity was so high that mold sprouted from all the walls and the floors buckled.

The bad part was that they had just had the carpets cleaned and painted the walls, so that means the smell was in there pretty bad.  

Hard to say which is better, the shake and bake or the wall flip!

That is hogwash spread by banks because they don't have access to the free Wall Street money they used to have access with.

If this has been happening for years you've probably got a rotted sill, which is the where the wood sits on the concrete.The wood will wick up water above the water line, inside the wall and you'll get rot and mold in and on the walls.I'm going to guess that over the years, erosion from the hill has left the ground level behind the garage higher than the slab elevation, and you've probably got a negative grade, meaning the dirt from the hill slopes to the garage, not away from the garage.

Find an affordable place that meets your needs and be happy you can pound a nail in the wall without knowing a landlord is going to charge you for it.If you have good credit (720+), a good job (DTI < 35%), and that big wad of cash (best not to mention such things on a public forum, by the way), you will have no problem at all getting a loan.