makes my life a bit easier. 

I have a full time job, debt, 1kid, so life is busy but I’ve wanted to get into real estate for a while and Now I have a chance to.

The area I am looking in has bungalows built in the 1920s, which has led me to focus on the condition of the foundation as the biggest type of expense. 

They would also do a quick walk through at the same time and email you a quick report If you want you could even give them a sheet to check off for thing such as floors in same condition.  

It was your tenant's choice to sleep in a hotel instead on the first floor where it is air conditioned.

They accepted but on the condition that we buy the house as is and that we cover any difference if the appraisal came under $458,000.

I am reading set for life for a second time looking to catch every nugget in set for life to go in well educated.

Having these facilities within a short walking, driving, or biking distance will dramatically improve quality of life and easier integration into the community.

TaxesInsuranceMortgageLoan acquisition costs (settlement fees etc.)Utilities during rehabMileageRepairsCapital expenditures (detail what it is & cost for each because different life for each)Meals MarketingService / laborOther / misc.

To share what I'm projecting for Monthly Income/Expenses:Income:Unit 1: 1500 (leased til 9/19) originally projected 1300Unit 2: 1750 (leased til 9/19) originally projected 1550Unit 3: 2400 (currently owner occupied, 2400 is about the going rate for 3BD/2BA in my area in similar condition)Expenses:PITI: 3800Utilities: 250Property Management (future): 280Reserves (Vacancy, Repairs + Maintenance, Capex): 500 Next steps:Refi on 12/1/18 (need 6 month waiting period) Get an appraisal soon since it will be valid to my lender for 3 months.