I'm gonna reach out to you separately to discuss.Tx

I’m trying to get a better understanding of the unlevered IRR hurdles SFR / BTR investors have for value-add improvements.By "value-add improvements" I’m referring to upgrades made to a property that increase rent or purchase value, often including kitchen remodels, bathroom updates, solar and other energy efficiency improvements, fresh paint, a new garage door, finishing a basement, adding a deck, and updating flooring, to name a few.I’ve been hearing a lot of different reactions to this question the last few months.

I signed a year lease with the tenant already and the management suggested that i extend the lease to a two year.

And I always offer to fix or update things for them as soon as I buy them.

I sent you a direct message

Philadelphia as a city is nowhere near saturated, but you aren't buying the city.

Once you read the explanation below, you will understand how REALLY bad things can be if you don't get the letters but go through with the purchase.First, the owner/seller should have a clause in the lease requiring tenants to sign (or object to in writing) tenant estoppel letters if presented to them.

See the other posts above.Originally posted by @Carolyn Fuller:I find trying to slog my way through government regulations to be a bit overwhelming. 

If it's your first LLC, though, it might be wise to work with an attorney to guide you through the setup process and some basic steps to take afterward.

Does anyone have any experiences with this company to share with me?