I would recommend you not cheap out in this one and pay a professional.

This is something that I have sturggled with a bit as well...as a Finance professional I understand the power of leverage that REI offers but still find myself thinkibg about using some of the monthly cash flow to accelerate principal paydown.

I can say unequivocally that @Neal Mahoney is a great contractor and a true professional.

Dear all,Need guidance around Real Estate Professional exception for passive loss rule when managing multiple rentals.

Hire a contractor to make repairs in the summer using the security deposits. 

Hello all, My name is Kyle and I am new to the world of professional Real Estate.

Would it be advisable to get a property inspection on a newly finished condo or apartment complex?

Insurance is going to be your main issue, as it is costly and having been on three boards, we were risk averse to changing it or losing it as I recall insurers bringing up details from bbq to pets, etc. and when you have a claim, really it seemed a struggle, and if they can get out of paying they will..even got dropped once...Maybe have the master policy professionally examined to see what is allowed and, worst case, explore if you can get legal help to work out a mechanism to hold the association harmless (be it your own policy, plus umbrella, and maybe indemnify the association for any claim)....some great advice here and some firms may be more willing to write the policy.

It's recommended to hire and inspector to go over the home prior to purchase.

Anyway, personally those feel like too much of a risk for me at this point, as I don't have any experience with hiring/supervising contractors etc, and I suppose doing this the regular remodeling / general contractor way, any potential profit would go to the GC rather than me.So maybe I'm missing something, but it seems that for a newbie it's rather hard to get those kind of deals on properties?