The rented unit has some issues with the kitchen cabinets but is otherwise in decent shape, the cabinets are set to be replaced in a month or two.Comps in the area are higher than I expected, should I wait to order the appraisal till after all work is done?

Originally posted by @Arsen Atanasovski:You’ll need to search them but they are out there not sure your area but San Antonio I believe is a lot bigger then my area We recently replaced roof and did get three bids.

Hello,I’m looking to replace one of my units furnace before the end of the year.

Worst case, I can replace an HVAC and water heater in the same timeframe.

A lot of landlords decide to sell when they have a problem tenant and know the roof is leaking or the sewer line is going to have to be replaced.  

Replacing what you earn/your lifestyle will take more time and effortFor me it was easy to replace minimum wage with rental income and flipping   My sister on the other hand, making probably around how much you make, proved impossible for her and she had to wait to retire until she was in her 60s    I, on the other hand was able to retire in my 40s because of a more modest lifestyle for you and most people the rental route is a long route.  

I just spent $2k replacing 2 garage doors.

I'm not replacing window but did repair the foundation.  

They have bills to pay on the property like taxes, insurance, mortgage, utilities, maintenance and repairs, and replacing components of the home (cap ex).

Thanks Michael, There is definitely a lot of work to be done:- Paint is pealing off all the walls- New appliances for 3/4 units- All units are required by the TWP to be connected to sewer now- Bathroom rehab for 3/4 units- Above ground oil takes removed and boilers replaced or retrofitted for NG (This is more a nice to have)I asked the owner if he would be willing to do owner financing and he said no...