Quote from @Richard F.: Aloha,Depending on the ability of the Tenant, and assuming we are not talking about an Executive level home, I would not make an issue out of moving a couple pieces of furniture, as long as fragile items were removed from them.

D -F grade .

Make sure you contract includes: amortization schedule, if you are doing monthly payments include a due date and amount as well as payment method (snail mail address especially), rights and responsibilities of heirs to loan (including transferability), and i(f you want it) whether mediation and arbitration is required before lawsuit (some lenders prefer this).  

Purchase price: $157,500 Cash invested: $10,000 Large multi-family (6-plex). 3 small 1br/1ba, 3 studiosThe breakdown is as follows:Unit A $800/monthUnit B $800/monthUnir C $700/MonthUnit D $715/MonthUnit E $685/monthUnit F $750/monthMonthly rent roll $4450; Gross Annual Rents $53,400; GRM  5.898; NOI $29,803; CoC ROI 16.18%; Pro forma CAP 9.24%; Purchase CAP 9.24% What made you interested in investing in this type of deal?

Like brain surgery, it should be boring; if you had an exciting brain surgery session, things went wrong.Costner LawConcord Office24 Cabarrus Avenue East Concord, NC 28025 P: 980.219.7637 F: 866.711.0230

Quote from @Colleen F.: @Nicole Heasley  also  I didn't see that you lived with this long term tenant.

Originally posted by @Colleen F.

@Tanya F.

As f @Albert Bui @Carlos Valencia

It will sell for 185k as is to a first time home buyer with a handy family, who has no idea how much time and money it will eventually cost him to complete a full gut rehab.I know, because I have been BRRRR-ing in Milwaukee since before Brandon Turner coined the term.