(BOA)  I do not want to put myself in a position that might cause them to call the loan.I wonder if I could refinance the property plus enough to make repairs and hire a contractor to get it back in shape.  

ROI can involve a number of other "virtual" returns such as appreciation (market value increase, the equity built up as you make payments, etc...and it can be calculated for more than, or less than a year...but is based on an average per year.CoCR is straight forward.  

I hired someone in that local area to check out all the properties I bid on. 

In April I hired one of my contractors to be my project manager.

Hello,I need to purchase a new personal residence in a new area and while none of the houses are to my exact liking, there are a number of houses which check a few of the boxes.Therefore, I plan to purchase one of them and then hire some contractors to check the boxes that it doesn't have on day 1.Accordingly, I'm trying to get a sense of what is most vs least costly to change on a home (I've been an investor for years but just buy and holds with maintenance work, not flipping).I'm thinking it goes like this (from most expensive to least), but please advise if I'm wrong somewhere.  

Just be aware that some states require yearly fees and/or taxes for LLCs (with California being the worst), and you'll either have to find someone in any state you're not located to be your registered agent or hire one.

Too expensive to hire for 'clean up'.

only 1 in 25 should result in a deal.7 to 8 mailings 3 to 4 weeks apart.They are sellers not buyers.Screen using pat live or another service, or learn how to hire a virtual assistant.

Walking in the front door is a great way to see if you want to go into business with them or not.   20 Questions To Ask Before You Hire A Property Manager  

You can likely hire someone to do the showings and draw up the lease without having them manage the property.Don't lower the rent, though.