The school system this house is located in is the best in Pitt County.

If the listing tells me most of the systems have been upgraded already or I know I’m going to be upgrading all the systems as part of my rehab I’ll go with 6% for CapEx and Repairs.

Stone foundations, cast iron sewer main stacks, & outdated electrical systems (knob & tube) are a few things to watch for.

I replaced a roof, remodeled a bathroom, replaced a HVAC system and several other costly projects.

Not knowing what you don’t know can be very expensive.Understanding building systems, mechanicals, and how to analyze asset condition is as important as analyzing a pro forma from a financial standpoint.

So you can start out as just someone who subscribes to a system and gets educated by being part of a team, and you'll do fine if you're willing to take the time to get educated, just like you would in a school.

In our system, we have people that make 12% and 3.75 points for a total of 15.75% a year as an example.

Security system where the doorbell sees the bus stop and the front of her property.

Here's a link to the BLUF (bottom line, up front) page from the city treasury that explains different tiers to this system, as well as a link to their preliminary system for license application.

It does not have county water or sewer meaning, we have to dig a water well system and build a septic.