As for the renovation side of things: Do you have experience in renovations or are you planning to hire out the work?

I was able to do the all of the plumbing renovation and we hired a GC to take care of the rest of the work.

I was able to do the all of the plumbing renovation and we hired a GC to take care of the rest of the work.

If he had not been funding the renovations, I would have fired him and hired a different contractor.

- should I hire an attorney to get paperwork/contracts in place. - advertising it (Zillow enough?)

Should the tenant be responsible for hiring a gas expert for the dryer install?

Brought to us by Malcolm Turner at Castle Commercial Capital.How did you finance this deal?

If you are looking to possibly get into the real estate rental world with this property, you are probably going to want to hire a CPA anyways to make sure you're filing taxes correctly.

Since this is a bigger project than we have done before we plan on hiring a contractor to do the major work; demo, framing, electrical, plumbing, and sheet rock.

Since this is a bigger project than we have done before we plan on hiring a contractor to do the major work; demo, framing, electrical, plumbing, and sheet rock.