They charge 1% in the form of a closing cost to the buyer.

TenantCloud is cost effective, starter property management software you are can with.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

@Jose Jacob Does this 1% here mean the percentage of the total cost (buying price + renovation).I see a lot of 90K houses but they might need another 40K in renovation.

Question 1: Does $4698 for materials and labor to prepare my house for a hot tub seem in line?

And you need a trustworthy cost segregation provider.With permission from my client, I am sharing a story how a very well known cost segregation provider recently destroyed that trust.My client bought a multifamily property and did extensive renovations to it.

We did a lot of the labor ourselves with this one to keep our basis down and give us multiple exit strategies.

Our average tenant stays 12.5 years, which reduces vacancy (an underappreciated factor) and fixup costs to re-rent properties. 

So here's my question:Is it normal to take a pre 90 day LTV to recoup the purchase cost, wait the seasoning period, and refinance the rest of the cash out at a later date?

This will not be pretty and is going to cost me.