I am adding value by adding a new roof, plumbing, updating electrical, doing full renovation in the kitchen and bath, refinishing original hardwoods and additional cosmetic touches.What was the outcome?

Great school system/community- 2 buildings- 6 units in each building- 2 Bed 1 Bath units-1000 sq ft per unit, appliances included, washer/dryer hookups in each unit- built in 1998 so fairly knew-Rent Roll is low and will need to be raised- Currently at 590$ per unit - Very low vacancy rate in the 15 years the owner has had them- New roofs, Air conditioners-Building structure seems very good.- Another plus is that I own 16 units just down the street so the location for me is helpful.His initial asking price was 650k and now he is thinking he needs to be at 700k.

Roof: Once a year after leaves have fallen.

This seller might be good but they might not point the phone towards the water mark on the ceiling or such that makes you want to have the roof inspected separately or reveals a plumbing issue you want repaired.Many trades are still working especially on vacant properties during covid-19Finally, follow David Greene's advice from a recent podcast where they are writing contingencies to allow for appraisal's and extra closing time depending on what future measures might restrict key points in your closing process.

This would require me to need to rent the property out for the time that I’m away until I can move in long-term.

Capex budget has to account for roof, floors, appliances, hot water heater, hvac, etc.

Two tone frameless kitchen cabinets and pantry.

If something pops up during the escrow period when I view the property like bowing foundation or leaks in a certain spot of the roof.

Could you handle it if the HOA decides to bump the HOA fees next year or hit you with a $3,000 special assessment to pave the parking lot and replace the roof?

I’m a roofing contractor fromNebraska and in the process of relocating my business to South Carolina.