Purchase price: $70,000 Cash invested: $27,000 This is a 2-1Rents are 999.00That is a section 8 Reno in 2022 What made you interested in investing in this type of deal?

@Kalp Mehta, in order for a BRRRR to make good sense there needs to be an opportunity to do "rehab" and add enough value to the property to refinance out all your investment or close to it.

You will need it in order to compete with LTR buildings up here in the Northeast.2.

Therefore, the efficient strategy they pursue in order to achieve them may differ.  

The permitting process can vary depending on the specifics of the project, such as the size and scope of the renovation and the zoning of the property.If the property is zoned as single-family, there may be additional requirements to meet in order to legally convert the garage into an ADU.

That made the difference for me. 

In order to be eligibile the property must have been purchased cash and the loan would need to close within 90 days of the date of original purchase.The benefit is that if the borrower has the cash to close on their own and can be more competitive with their offer by doing so, it gives them a compeitive advantage against financed offers, but ultimately they can still get the same loan post-purchase.

How can we verify if rental management company actually made good faith attempts to send move out balance to tenant after move out or eviction?

With a little help we made a basic, bland and boring 1000 sq feet into a unique home with personality. 

The county has a title search they run, a few months before the auction, in order to know who to notify.