This might strain the schedule for your project.Risk: Significant financial losses, including the possibility of losing your property in the event that you fail on the loan, might arise from a repair and flip project gone awry.Due Diligence: To make sure a hard money lender is respectable and reliable, it is crucial to carry out extensive research and due diligence before selecting one.Before proceeding with a hard money lender, consider your financial situation, risk tolerance, and investment goals carefully.

And if Social Security was a) not borrowed against by the government and b) payments not expanded to included other items would be self substaining.

The loan cannot include a balloon.

What some other property managers do is just advertise renters insurance included and up the rent by that amount then place it on each.

She took on the property management side for a reduced rate as I purchased the place recently through her.

My short-term rental is out of state but I manage it remotely (mostly guest communications and troubleshooting issues) and if I include in that the time I spent getting it ready to rent, I would say I materially participated and even more than anyone else (i.e. cleaner).

Heat, hot water, water, sewer and snow plowing included.

For sourcing deals, consider leveraging a mix of strategies including networking with local real estate investors, using online platforms like Bigger-Pockets for community advice, and exploring public records or foreclosure lists for potential off-market properties.

Does the guideline for a monthly rent between 0.8% and 1.1% of the property's value include power, water, gas etc.?

Also, my work did not include Florida in my W2.