Think out side the box pull from a 401k.

Sure for some it works out, but the odds are against you (that said we're in business and by definition the odds are against all off us).If you've made it here then to me you're at the point where if you're going to spend hundreds or thousands of dollars then you at least have the resources to decide where that money is best spent.

Then I spent the money and had central air installed as the furnace was already there.

Also, I just had the property rehabbed and spent a ton of money on the plumbers, fixing the whole damn system.

If they don't execute a lease and move in, they don't get that fee back as it was "spent" by holding the property.

You can also try thinking outside the box to solve the late rent problem: suggest they pay the rent in two split payments, on the 1st and the 15th.

Put together your “tool box”.

I spent 6 years in the Marine Corps and currently in the process becoming a medical officer so I can swim my way out of student debt.

I spent about 4 months rehabing it mostly because I did almost all the work myself.

Hi @Terry Fox I did evaluate them but after rehab I spent $277k on each duplex I bought and I’m getting similar rents as the brand new ones since mine are updated.