The biggest challenge on this deal was getting it finished because my contractor got put in jail right at the end.

I don't know about section 8, but where I am finished basements are pretty much the norm and they have bedrooms. 

Do a 1 year lease and let them know you are willing to keep them long term if things continue as they have been.I did a 2 year lease with one set of tenants and it includes annual rent increases.

You can only get that rent if you include all utilities, which you would never ever want to do. 

In 100% of the cases I have experienced (including one we are working on as we speak) the roomates leave their crap behind and leave the house in a total mess. 

This document outlines the terms of the sale, including the purchase price, closing date, and any contingencies.It is generally not recommended to sign a contract for a property without having a buyer lined up.

Investors are looking for a solution including property identification and validation, inspections, renovation and management.

This allows DSCR loans to be more adaptable to the market as real estate investing strategies change, including the BRRRR method.

We also have a NO SMOKING of anything inside unit policy including vaping but people will still try to get away with it anyway.

General contractor in business for 40+ years with an opportunity to acquire someone else's unfinished rehab for ~$2M with an ARV of $4M - $6M depending on whether we finish the existing project or tear down and start over with a better design.