Plus mls dues, association dues, electronic lockbox access, e&o insurance.All these costs are on the rise too.

I would estimate it would cost 75-100K just to make this property liveable. 

Was able to have the seller pay all closing cost and fees (over $25,000) How did you find this deal and how did you negotiate it?

But the refi will likely cost you $3,000 - $5,000 - so there goes a good chunk of change that maybe you can refi into the loan... but it is really just a hit on equity.   

Monthly rent is $750, so I'm wondering if the costs/time/stress of eviction are worth pursuing if an option is to just tell him I need him out in 30 days.

Hi there Mindy hows it going hopefully fantastic , Im a new member and  been tryin to grow my real estate business hear on Bigger Pockets  and loving it hear, a few moments ago I received a message that Im being banned for spamming Im trying to understand how because Im in the middle of doing business with an investor from Dallas when I was cut off do to spamming can to help me please thank you so much stay blessed and great success 

I estimate cleaning costs/charges based on the number of bedrooms and bathrooms.

INSTEAD we ended up spending HOURS on the phone with EVOLVE over multiple failures to deliver, incidents with destructive rowdy underaged guests, and now EXTORTED FEES for cutting bait.

@Jose ChavezAs mentioned notes are very standard documents that your attorney should draft.A PG is another separate document just like there also should be a loan agreement if to a LLC and some security instrumentWe use an attorney to always draft these and charge the costs to the borrower as part of the closing costs

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!