What defines 'PIG" is functional obsolescence, age, CapEx overhead due to the previous 2 items, class of tenant attracted to location and structure, etc.$30,000 in SFR space buys 1 type of thing

It states that 'tenant shall pay for all utilities, cinluding, but not limited to: electricity, heat, telephone, fire alarm changes, heat system maintenance costs, janitorial and cleaning charges and snow removal from xxx street in front of premises. and then in another section goes into more detail that I shall be responsible for 'normal maintenance of such items including, but not limited to heating and air conditioning systems' He said that the heating system is only two years old and that if something was broken beyond repair it would be on him but it is written out and sounds like there should be more detail. opinion? 

JV With the Seller - Minor RehabDeal Details - Granny's House ARV $300K40 year old house - Free and Clear, good neighborhood, all major items in good shape, from roof to foundation to HVAC.Problem, the house is dated.  

Now I've reached a moderate point where I still see the dollar signs, but they're itemized and arranged in rows and columns, cash in and cash out, risk and reward. 

Here are some steps to get started.Step 1) Develop your Business Model (Who is your ideal seller, buyer, neighborhoods, etc)Step 2) Build a Team (Leverage their experience, Realtor, Attorney, Contractors, Surveyor, Home Inspector, Environmental Contractor, Architect, Structural Engineer, Stage, Photographer, Title Company, etc)Step 3) Understand your market like the back of your hand (Have a Realtor set you up on HOT SHEETS so you get automatic listings sent to your inbox and you can start getting a pulse on the market)Step 3) Find a Deal (Package the deal and show supporting evidence that it's a good deal, get an appraisal if you have to) Include the following: Company Bio w/ your team members on it, Property Details, Property Tax Card, Scope of Work, Pictures/Video, Comparables, Financial Analysis, Due Diligence Items, and Contact Information.Step 4) Find Private Lender Prospects- Sphere of influence, networking events, ask for referrals, ask CPA, ask attorney, etc.

It is a 0% interest loan that will do things like de-leading, windows, roofs, and other items to bring low income families housing up to snuff.Some towns seem to have a 15 year forgiveness clause built in.

Other issues include breaking the shower head, locking herself out twice in one week, leaving personal items in the hallway, leaving personal items outside with the trash and getting upset when they are taken out with the trash, moving a cat in when it is prohibited on the lease (the cat is gone now), and using the oven for heat  (with the windows open).In the past I have refused to renew over late payments and bounced checks and a nasty attitude, and over moving in a girlfriend and refusing to put her on the lease, I feel it is time to move on with this one as well. 

When I say nice, I don't necessarily mean expensive, or content rich, but something that is aesthetically pleasing and functional, and remember lots of branding.

Note however, that while items #1 thru 3 may be quite material to defending a lien, they did not prevent me from creating a compensable lien out of proof that I had paid property tax on someone else’s parcel.I’m in general agreement with your item (4), “In order to create a lien hold position, a suit would need to be filed and judgment entered in favor of me, as creditor.”

You can increase the prices by 60% and still come out to less than $100 a month for the capex on those 3 items.