Also, the large pond liner just started leaking.

I’ll be getting inspections, and need more info on the plumbing and electrical as well as the roof before moving forward. 

@Larry Turner Rent Roll, P and L, utility bills, leases, property management, inspection, crime in the area, taxes, tax paid receipts, capital expenditures in last 2 years (appliances, roof, etc...).

Possibly Roof (due to recent hurricane in the area in 2018)2.

If you're looking to hold it as a rental, a marginal roof could stay for a bit; a fix and flip - you're probably going to need to replace it.

The operating cost includes: tax, insurance, and HOA (covers exterior maint, roof/foundation, lawn care, and all common areas).

It needed new kitchen, new bathroom, paint inside and out, new kitchen, new floor coverings, new fence and small roof repair.Deal was structured as follows:$301,500 purchase price$20k downimmediate possession6 months to pay the balance$45,000 repair and closing costs$425,000 sale pricesale achieved 3mos 1 week after possession (was help up due to xmas)$78,500 net profit

The overage came from spending more on flooring (bought LVP), Plumbing drain issue, added 2 parking spaces, and redid the roof.

Hi allA year or so ago we needed our roof replace and so we went through Renew Finanical.

I went in and repaired the property and did the following updates: - All new flooring throughout entire house- New stainless steel kitchen appliances- New Paint on both interior, exterior, and basement- Updated landscaping- Minor roof repairsThe property appraised for a little under than what I expected, but I gained a few insights from the initial BRRRR.