RegardsYou can purchase the BiggerPockets documents under TOOLS > LEASE AGREEMENT PACKAGES.

Labor, legal, construction materials will cost more as the years and decades go by with inflation so new builds have higher rents per ft on average by a large margin over existing locations.

Also, the Limited 203k is the only version of the 203k that has a provision that MAY allow the contractor to receive 50% of the material cost up front, but that's only if the contractor can prove to the lender that they don't have strong finances and need $$$ and then the lender approves their request.

And neither does passive management of rental property.- Activities that count towards real estate professional status include those activities affiliated with a real property trade or business in which you materially participate.

That should allow you to pull that furnace and reposition it and incorporate other "used" materials.

The thing is people don't want older city lots so I see that as an opportunity.Materials: I have in my hand a bid package of 17,000.

Materials can be quite expensive when doing the job the right way.

Contact owner and offer to fix it for free rent - they buy materials.4.

Take material on eHow with a grain of salt.

If you have a good plywood subfloor with no noticeable seams or defects, you have a lot of choices in the $1/sq foot (materials only) in a low end rental.