Unless the building is very well located full renovation of basement units will likely not pay off economically.

There were some code violations from a car hitting the house and other neglected maintenance that we inherited when we bought the property, although the bank paid off the fees up to the date of sale.

Maybe put off the second project for now?

from personal experience You're better off to set boundaries with your tenants.

February is going into off season so I wouldn't recommend unless you're priced below market value just to save on vacancy.Hope this helps!

My question for you experienced investors are what programs are you using to find tenants, perform background checks, and create leases as I do not want to hire a property manager off the rip.

When you meet him, mention that letter 30 minutes into that meeting, the light bulb will go off, but now you're not just the rando letter person, you're also the person that knows the person who introduced you, etc.

As a business owner it's fun to write off everything but when financing properties that hurts you.

If someone tried to charge me $75 to APPLY to rent their place I would move on.Are you getting these requests off Zillow "so and so has requested an application".

I'm trying to determine if I should focus my efforts more on the MLS or off market.