The only concern for me is that none of these would cash flow positively after factoring in all the items (vacancies, cap-ex, repair, etc.).

Make sure to factor in any potential maintenance costs, like repairs or upgrades, especially since you mentioned a few fixes are necessary.

As many investors know, lenders typically require more down payment 15-25% and to utilize Debt Service Coverage Ratio or DSCR loans would not allow vacation rental projections or income to be utilized for qualifying purposes.

I’m a handyman and I work with a few rental properties and do some projects that range to the small stuff like hanging doors, repair trim and drywall to new flooring installs, painting, appliance repair, yard work and repairing your usual leaky faucet..The issue I’m having currently is I have just gotten into contact a couple days ago about a flooring job.

However: Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

They can set this up through their multiple listing service.

We’re most interested in great customer service, ease of transactions and favorable savings and loan rates for businesses.Thanks!

The most important thing is to ensure you have the right team in place for acquisitions, rehab/repairs, property management.

It could easily be inferred that the non-recoverable costs for just engineer design service is on the buyer as all inspection related costs are at the buyer’s discretion during the inspection period.  

Is there something I should be doing as the landlord besides providing the tenant with the bill for the repaired plumbing?