In certain states where termites are an issue, you should include $150-$200 yearly for renewing your termite report in your underwriting.While some may read these points and say "duh, you didn´t know that", this is meant for those who want to gather as much info as possible before deciding on a deal.Happy investing to you all.

We don’t have a clause in our contract to account for this, and we have been actively looking for new renters with no luck so far.

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@Tyler Cornfieldshort answer - i don't know if you are or not. ask some lenders.but i'll say this about out of state investing at this time. 

This is a great solution to figure out what to do with his stuff while we get everything figured out legally.

This happen to anyone else?

This reduces my monthly payment by ~$100 a month.Am I correct to think that I am essentially paying $3500 for this refinance?

Hey @Clint Kelly, I was going to recommend something like BuilderTrend but from what you've said, QuickBooks Online (QBO_ does exactly what you need.The key here is you need an REI-savvy bookkeeping professional since you stated your current bookkeeper is dropping the ball.What you want is super easy to accomplish for a flipping company using QBO.We have Clients who flip close to 100 properties/year and everything is super organized for each property using QBO.It's the operator, not the software in this case.Hope that helps!

If you're new to this, it's important to get to know the market inside and out. 

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