A recent trend I am seeing is sellers posting notes with a Total Payoff NOT being what the current amount due to the lender to satisfy the loan is, BUT they are taking the total number of remaining payments x the monthly P&I payment.For example a $100,000 loan that was 6% and $600/month.

The tenant is making partial online transfers and should be up to date by this coming wednesday after making a small payment to cover the remaining part of november.

Kitchen, baths, curb appeal, fresh paint are the best investments in a home for value add.You also get the gravy of enjoying the new renovation for the time you remain, so there is a bonus to you as well. $9k sounds about right so financially, it likely makes sense.

Then you have $75k land, and the remaining $325k for the building.B.

Adding to what Josue indicated, here are a few other considerations on the property tax topic:-  The appeals process may only be available for a couple weeks each year; for my assessor, it's tied to the release of the property tax amounts.-  Do the county records show the land vs. improvements? 

The reason is that appreciation and rents are tied together.

“The supply-demand picture that has been the basis for our call for a multiyear boom in home prices remains intact," the Goldman Sachs researchers wrote in their report.

Real estate is a long-term investment that remains a stable and safe option.

Operating expenses include (but are not limited to): taxes, insurance, management, maintenance, entity maintenance, advertising, utilities (at least during vacancies), legal fees, damage done by tenants (over the security deposit), vacancies, setouts, lawsuits, and capital expenses (not technically an operating expense).Stated another way, the 50% rule, which is generally considered to be fairly close to actual expenses, states that …50% of your gross rents will be taken up by expenses, such as property tax insurance vacancy property management maintenance capital repairs legals and accounting.From the remaining 50% you service your debt, if any, and the remaining is your profit.

Typically, you would need to pay out-of-pocket for the remaining amount to start the renovations, as well as loan costs.The rehab budget will be determined upfront after completed an itemized schedule of improvements.