Need to do a “tenant get ready” / “turn service”.Paint, caulking, basic fix whatever odds and ends, etc.Any recommendations welcomed!!!!

Due to water damage, we scheduled contractors to come out and fix the carpet and whatnot.

I’d really love to fix and flip and buy long term rentals but I just don’t have the cash yet and I understand that hard money lenders are very expensive for new investors.Any tips or legal advice for this area would be very helpful!

You want to be able to keep track of all details regarding your property and you can do that through the Fixed Asset Items List of QuickBooks. 

Slow selling season with minimal buyers on the island.FRankNice - just be careful with those shorter term fixed rate loans.

This really is one of the things that I wonder about when I read about guys who go the managed-turnkey route, many OOS doors, low cashflow for each, paying contractors for every fix.

Commercial rates are usually 5-7 year ARM, amortized over 20-25 years somewhere in the 6%+ range.I have also seen a few commercial lenders that offer a 30 year fixed program but the rate was over 7%.

I honestly dont see much appreciation on this house after fixing it up.

I was just talking to someone about the market there with how people who are doing fix and flips are seeing some real good returns and changing neighborhoods.

Are you looking at buy and hold, single family, multi unit or fix and flip?