If you buy a STR 2-5 hours away, you will have to establish contacts with the following to help make sure your business runs smoothly: cleaner, handyman, plumber, electrician, HVAC, pest control, landscaping, to name a few.

I replace all the windows, added solar PVC, and huge landscaping project What was the outcome?

Small gas station/convenience store site, Contractor site- all these new houses need Plumbers, HVAC, Electricians, landscapers, Near lake- Boat/RV storage subject to zoning. 

Only one of them is still up and running (COVID has change the lending landscape a good bit) -- but it's far from the best-priced option.In terms of creative workarounds, I have an idea for you:If your folks own the property free and clear, they could sell it to you on a private note (owner carry).

.), repairs that may need to be done before renting out, having reserves for maintenance (landscaping, leaking faucets, etc.), and then showing reserves to a bank/CU/lender when you go to refinance and buy your next BRRRR.

If the roof needs to be replaced in say 5 years, you may even want to factor things like that on a per month basis to arrive at  your capex calculation. 2) Water, sewer, garbage: Depends if there's landscaping and washers.

Our accountant sends me the following instructions every year:It is important to note that 1099-NEC forms should be issued to anyone who performs a service and ispaid a total for the year of $600 or more that is not incorporated including professionals (e.g. lawyers, accountants, engineers, architects) and repair technicians (e.g. computer, plumber, electricians, landscapers, etc.).

Enjoy beautiful weather on the deck, or in the private, fully fenced backyard with new rock landscaping.

I am considering buying land to put up several unique structures, but need to first understand the process of obtaining the appropriate permissions, and site/ infrastructure planning & underwriting for the entire ...

The cost for a kitchen remodel can range from $10,000 to $50,000, while a bathroom remodel can cost between $5,000 to $25,000.Landscaping: This can include things like new lawns, trees, and flower beds.