Next I'd find out how much I'd need to pay for the following items: Taxes Sewer and Water Trash Heat/Utilities HOA Cap Ex and Ops (how much are you going to save each month for everything from changing community light bulbs to replacing roofs) Insurance Mgmt Fee (as a %) Vacancy (as a %) If all of the above plus your mortgage payment (principle and interest) left me with $100/door/month profit AND 15% ROI (cash on cash) I'd start the negotiation process.

You can also set key word alerts for items or areas of interest, like "North Carolina"

Unless your A. a contractor or B. someone whoes previously replaced all the items the HOA controls, who really knows how much the HOA is going to cost you in the long run when they dictate such things.

That's why I think I will be better off buying big ticket items (except for building materials) myself ...I think

The first issue to consider in any securities analysis is whether or not the item in question is in fact a security.

I would not use redfinThe A/C and dishwasher can only be counted if they were installed after the property became a rental and both those items would be depreciated over time - not a single year.With that rent vs expenses you are likely to report a profit every year so you do want an accurate cost basis to start to minimize the taxes you will pay.

To the average looker, they may not identify that branding inside as being you, but these items are noticed.

. - new roof, gutters & soffit - minor mold remediation in basement - kitchen is a gut - bathroom is a gut - bedrooms and living room need paint and floors refinished There is more but those are the major items.

If you plan to use conventional financing (30-year fannie/freddie) then you have to be very careful regarding these items so that you don't mess up your loan sequencing.

Same with bathrooms and living spaces.Let's also discuss major repair items, such as utility costs including separating utilities on a multifamily, new roofs, window, etc.I'm not a handy guy so I'll be relying on contractors to do the work.