To me, it looks like the BRRRR calculator and Rehab calculator would help supplement the missing rental portion.

The agent let me know the owner passed away and the seller has no blood relationship to the previous seller and knew nothing about the property.

I invest in Detroit from California, and the trust I have with my boots on the ground is the key.

@Matthew PlatonWould you be able to split the utility bill, and have the tenant pay for their unit?

As I bounce around from one idea to the next, I was wondering if anyone in the community has been successful with starting up a short term business in the Dominican Republic?

They said they don’t share the actual invoice from the vendor.

Hey guys, late to the party, but I'm heavily involved in investment real estate as a Broker Associate and investor in Fredericksburg, TX as well as our second home in Natchez, MS.

Thanks for the welcome, Kerlous!

We converted an existing shed to a 1 bed 1 bath apartment and now rent out the bigger house for great cash flow.

Assuming it's written in your management agreement somewhere that states the owners are current on all financial responsibilities related to the property, does anyone require them to actually provide a current mortgage statement, HOA payment record, taxes paid, etc..... at least at the time of the original management agreement signing.Recently had a new owner sign the agreement, only to find out after we had secured a new tenant for them, that they were in financial distress to say the least (inquiring about bankruptcy) .