One that always pays off is the:"ADMINISTRATIVE CHARGES AGREEMENT"Administrative Charges that you may be billed for and will have to payif you do not agree with these fees -DO NO SIGN THIS FORM OR ACCOMPANYING LEASEThis covers things like:Pick up rent - $25.00Unlock house due to key being left inside or locked out due to tenant - $25.00Replacement key for lost key - $25.00Add new person or remove person from lease - $100.00Unclog toilet due to obstruction caused by tenant - $25.00 plus sewer cleaning fee if applicablePrepare eviction documents - $50.00Eviction filing fees $200.00Utility transfer fee for not transferring utilities - $50.00Any trash or debris picked up in yard or around property left by tenant - $50.00 plus hauling/dump feesResident agrees that subject to the conditions above and will pay immediately when invoiced for any charges.It’s understood that the above amounts are minimum charges.

You can mount a wide angle lens on it too, but if you're doing video with a wide angle it will look a little crazy as you pan around, and make every straight line, curvy.

REITs or syndication.RE is just a hussle like any hussle. very time consuming and could be a drag on your main career.... you don't want to invest yourself into just another job like managing toilets and tenants etc lol.

The added bathroom will increase your monthly water bill costs for both water and sewer (they charge per toilet and tap, it's on the back of the bill).

The PM or you (if self managed) will need inform tenants that they cannot flush certain products down the toilet and if the system fails it can cost a lot of money, but if properly maintained risk should be minimal.  

No toilets, not SDIRA evry month.You are the underwriter, so you make the terms work for you...within the law.Thi is now the way we prefer to do it.

Here is the basic timeline:- Purchased property in late 2019 for $490,000- Property was a 2 story 4 bed/2.5 bath house with a full unfinished walkout basement- Premium for the property compared to one without the walkout was somewhere around $30-40,000- Basement was around 1200sqft unfinished space and the apartment was best setup to be around 800sqft- Started initial framing in early 2020, but COVID put a stop to some plans due to cash reserves becoming more important- Project was on hold until late 2021 when framing resumed (all framing was done by me)- Jan 2022 had a tankless water heater installed (had 20 year old tank already and don't want to run out of hot water with tenants) $3500- Jan 2022 had main electrical panel upgraded to 200A setup and also had 100A sub panel installed in basement and charger for car in garage $6000- Feb 2022 finished 95% of framing and GC began plumbing work- Feb 2022 HVAC work began (We installed a fully separate Mini Split Heat Pump for the unit) $5,400 for all fans and mini split install- March 2022 Electrical Rough In was completed- March 2022 Rear Door (Entrance) was swapped from a small slider to a full 36" exterior door- March 2022 Passed rough inspections and given the go ahead for drywall- Late March 2022 Drywall install completed- Walls are standard 1/2" single sheet- Ceilings were done in the following order for sound insulation (Fiberglass batting, resilient channel, 5/8" drywall, Green Glue, 5/8" drywall) $7500- April 2022 Primed all walls and ceiling- April 2022 Carpet and Vinyl flooring installed- April 2022 Trim installed- April 2022 Kitchen cabinets installed- Mid April 2022 Interior doors arrived and were installed- Mid April 2022 Shower pan was built out- Mid April 2022 Butcherblock counters cut and fitted with sink and oiled- Mid April 2022 Puck lighting installed- Late April 2022 Appliances arrived- Late April 2022 Painting continues (biggest regret here was not hiring a painter.

If the tubs are stained, mildew removal, filthy toilet, grease all over kitchen, etc., then they will list , Standard Cleaning, $90, Excessive cleaning including .... 

I didn't have a vacuum cleaner or broom, so when I left I packed all my things, wipe the bathroom toilet/sink, wipe kitchen cabinets and pick up any noticeable things on the bedroom floor.

I'll let you know how things pan out but I anticipate making > 20% CoC returns with lower occupancy (i.e. less wear and tear) so I'm good with that.