When I run numbers on these home I always increase my numbers by 15% and add in an extra contingency allowance. 

Hello BP,I am still figuring out financing for a 4-unit turnkey property I have under contract (for buy and hold).I wrote in a previous post that my lender increased the down payment required for purchase and I don't have it.

To buy this new 8plex I would have to refinance my current 8plex and increase the mortgage from 170k to 510k (170k+320k for new 8plex+20k for acquisition fees or other things)This is my current property (8plex)This is my current property after refinancing (8plex)This will be my new 8plexI should also add the the new property is in very good shape.

The numbers on the deal are pretty attractive and check off most of my criteria.  

If refreshing the unit and increasing the rent is going to happen, might as well give notice and start on the first unit.  

I haven't shopped around for insurance for a few years now, but I noticed a significant increase in how much we pay for our Texas  rentals.What REPUTABLE (with good/excellent history of paying out in case of fire) insurers would you recommend? 

I haven't shopped around for insurance for a few years now, but I noticed a significant increase in how much we pay for our Texas rentals.What REPUTABLE (with good/excellent history of paying out in case of fire) insurers would you recommend?

Should I get a stackable washer dryer for the unrented unit in order to attract more inquiries?

I think it has the best opportunity for appreciation & value add, attracts the most renters, has the easiest exit strategy. 

I want to attract a decent renter with a decent home that will work with me to fix up the property and bring it to the same level as the rest of the neighborhood.Does anyone have a list of standards for a mobile home community?