Consider working with contractors or renovation specialists to obtain accurate cost estimates and assess the feasibility of your renovation plans within your budget constraints.Risk Mitigation: Keep in mind that renovations come with risks, including cost overruns, project delays, and unforeseen complications.

(i) The term "Insured" also includes(A) successors to the Title of the Insured by operation of law as distinguished from purchase, including heirs,devisees, survivors, personal representatives, or next of kin;(B) successors to an Insured by dissolution, merger, consolidation, distribution, or reorganization;(C) successors to an Insured by its conversion to another kind of Entity;(D) a grantee of an Insured under a deed delivered without payment of actual valuable considerationconveying the Title(1) if the stock, shares, memberships, or other equity interests of the grantee are wholly-owned by thenamed Insured,(2) if the grantee wholly owns the named Insured,(3) if the grantee is wholly-owned by an affiliated Entity of the named Insured, provided the affiliatedEntity and the named Insured are both wholly-owned by the same person or Entity, or(4) if the grantee is a trustee or beneficiary of a trust created by a written instrument established by theInsured named in Schedule A for estate planning purposes.

Then they probably won’t reduce the value any longer. 

So while you may not see a gain in value over the next two years, over a 10-20 year span you would typically see excellent growth.Also unlike the last five years where operationally the operator could be awful but saved by appreciation, today it is all about the asset management.How can you reduce costs, are there ways to add amenities to increase rents.

It helps you get into real estate with minimal down and allows you to reduce your living expenses.

Our MLS also has this disclaimer right under the square footage info: "Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer".

The lease states: Landlord agrees to make all necessary repairs to structural portions of the Premises, including the roof, exterior walls, foundation, and exterior sewer line.When preforming agreed upon repairs all the toilets were flushing and operating, not clogging.The tenant has been occupying the building for two months and emailed me yesterday saying that all the toilets were clogging.

Seller claims they never were served and Seller broker is not releasing based on Seller's word including saying they are seeking legal counsel (they have been seeking legal counsel since December). eXp MN state broker team has been unresponsive and very unhelpful throughout the process.

I'm in the process of trying to find a lender either in the US or Canada that will work with Canadian buyers which will allow me to take on bigger projects and reduce my own capital investment.

You will both learn that there is more to a safe loan than a note and deed of trust.In no order, typical loan documents will include: NoteDeed-of-TrustPurchase Contract and escrow instructions to confirm your deal and the associated deadlines you and your lender will have to meet.Preliminary Title Report, which you and your lender should learn to read to understand all liens against the property.Personal Guarantee (You do want to protect your lender don't you?)