In order to make sure the estimated rental revenue is in line with local market circumstances, you should also investigate market rentals for comparable homes in the vicinity.To determine the duplex's condition, do a comprehensive inspection.

And then let them know you are going to terminate the lease in order to renovate. 

First mover advantage has made me a lot of money over the years. 

I made the mistake of letting them stay.

Y’all gotta make that fresh to order people.

If I were to rehab it, could I refinance with a conventional owner occupied mortgage at the ARV in order to pull out my original capital?

We might break even with selling the house even though we have also made some good updates to it. 

Once you sign that agreement, you have a legal and binding document.Some fees that are placed in addition to a percentage are to help reduce the agent's fees - especially if the expected commission will not provide the agent with an adequate paycheck after the broker's cut and other investments that the agent had to make in order to help the buyer purchase a home have been removed from the commission.The challenge of the buyer is to make sure they have the funds to pay the agent.

We conduct the manual journal entries for our bookkeeping Clients each month so QBO reflects all of the transactions behind the deposits made by each PM.I understand that may be too much work for a $50-100M portfolio each month.Hopefully, the PM software companies are beginning to explore integrations with QBO but we haven't seen it yet.

What made you interested in investing in this type of deal?