In the end, there could be a cost to any way you sell the home, I would just look at all options to see what fits your needs the best. 

Cost $4,000 a month.

The buyer must come up with the difference between the seller(s) current mortgage balance and agreed upon sales price, plus closings costs. 

You might also be able to employ a short term rental strategy to increase cashflow-- sporting events, conferences, homecomings, graduation, etc. always attract people to the area.Ask around and try to find people who are investing in Amherst/Northampton and connect with agents in the area to see what's working.

They won’t give me just a quote for what it would cost for the same work in the first estimate.Am I obligated to replace or repair the AC?

Hands off ADU addition will cost significantly more than $100k.  

Hi @Irving Rivera - I think the old saying that "You get what you pay for" holds true in real estate investing too.I think Chicago neighborhoods like Garfield Park are great IF you have the right team and MOST IMPORTANTLY THE RIGHT TEAM COSTS $$$. 

I was thinking perhaps it would be easier to just bring a general contractor to walk the site and provide an estimate on all the rehab costs, rather than to find separate contractors for each specialized task.For those of you who have worked on fixer-uppers, did you bring a general contractor to walk the property with you and give an estimate on rehab costs?

I'm trying to start my own books in QuickBooks to keep track of acquisition costs, depreciable assets, and other items that are not tracked in my PM's Buildium books.

My tenants have been in place since 2019, and so far, I have been renewing and updating the lease with a 1-page Lease Amendment-Renewal Agreement stating the new term and increased rent amount.