For that reason I will charge extra rent each month to cover these costs and I will pay them directly myself.

It takes less than 5 minutes extra.

Rehab about $20K (plus an extra $130 for the speeding ticket I got driving to the house the first time) with an ARV of about $140K.2.

Here are my options:1)Renovate it with the rest of the house and leave it as a second apartment.2)Add a doorway to the main house, remove the kitchen, and remove the extra power meter.

Because I recently bought my first multifamily about a year ago, my debt-to-income ratio is still high to obtain a another mortgage loan, the equity in the property is not there yet, and I still don't have two years worth of rental income to use towards extra income.

More bedrooms, more baths and extra space will make more difference than nicer finishes.Any feedback from the people who have seen it?

In fact, I’m glad we had him, because him being from Georgia, he felt compelled to give us some extra tidbits.

Even if they all paid that individually, I think you still did not have to do anything in regards to the deposit yet.

I look forward to networking and speaking with other like-minded individuals.

I am getting the feeling that most full time guys are flippers and that the buy and hold portion is just some extra gravy.