❌ Previous Rent: $1,100✅ Post Reno Rent: $2,000 (plus utilities)Original Underwriting: $1,900$900 monthly rent increase$10,800 additional income per year (excluding utilities)We spent $35,000 for a premium level renovation.= 30.8% return on investment (ROI)We target an ROI between 25% - 35%.

That will greatly increase the odds of them giving you a serious bid and taking the time to do it without getting annoyed with you.

Then, the permits taking longer than expected, the repairs budget going to the roof, getting new GCs, the property taxes increase, using the wrong debt and investing alone.

The shorter the prepayment term has an impact on increasing the rate.4.

Its affordability and median home price below the national average make it attractive for investors seeking high returns.

However, seeking knowledge from experts in the field can assist you in building a successful portfolio.

As you noted the appreciation is worse than for SFH or MF, and you’ll get stuck with increasing HOAs that don’t add value.

I am currently working on trying to wholesale my first deal. I am shoppping the property to potential buyers. If this falls through, I am thinking of just taking over the mortgage myself in a subto deal. The issue is ...

I would seek out an Insurance Broker in your area.

My understanding just from my own research is that if it's a direct threat to health and safety of others or causes landlord an undue financial burden, like your insurance won't cover the breed and you can't find insurance coverage without substantial cost increase, then you may be able to deny it, but your property management likely knows all this and they apparently said it's legit.