Pro-tip: Replace your HVAC filters after construction!

Did they replace the capacitor during the tuneup?

We removed all carpeting throughout the property, replacing it with vinyl flooring.

The Value add component allows us to take out the money we put in for rehab and then put them in another rehab.

I purchased remotely 5 unit property a 3 months ago and I have the first turnover in one of the units, looks like the unit is in bad shape and I just received a huge quote for an 850sqft unit turnover from my PM to basically replace everything... 30k quote....I need help and don't know where to start... any suggestions/advice would be extremely valuable.Thanks

Only a couple minor tenant issues, and some inevitable property updates and replacements of appliances and fixtures.

Newer replacement windows, new exterior doors (originally the building used hollow core interior doors with a screen door as the exterior).I approached the owner of next door sometime in 2019 to see if they would be interested in selling. 

Simply writing it down and making adjustments as you progress is all you need to do.For the rest of this post, I will assume that you want to create a reliable income stream to augment what you are currently earning or to replace your current earnings altogether.The ProcessThere are 4 steps, which are illustrated below.

We noticed a common theme in out practice today of for charge services and add-ons, a separation of the components of leasing a property to empower additional revenue streams to off-set rent restriction areas.

Most existing staffing will remain in place but we will be replacing / assisting some of the management.