that 4.1 is on my primary home. i was saying i would rather invest any money from rentals into more real estate getting 10-15% return on the money. as opposed to paying down my 4.1% rate on my primary home just to say that i own it. 

The biggest thing to look out for is wood-rot on the exterior.

So Account Closed you're basically saying that you'd keep building that reserve up even after I've covered 6 months as opposed to investing it?

The majority of our SOW included: cleanup, new roof, exterior siding and paint, flooring, interior paint, ceiling re-texturing, cabinet refinishing, counter tops, light fixtures, windows, doors, bathroom gut, and landscaping.

@John Warren Exterior is mostly brick with some wood covers.

I will say that most of the time when we take over property management contracts the opposing company is very unprofessional, Olson was a exception. 

Renovated the property first by adding a new heating unit, and updating the plumbing and electric, did a new kitchen with ss appliances, new doors and windows, paint interior and exterior, finished the basement.

He found a large verticals crack visible on the exterior basement wall, where the foundation has shifted from water due to downspouts missing.

I’m not opposed to long distance rentals.

Properly configured, such a plan will allow you to invest in anything the IRS rules allow for (as opposed to just what a firm sells, which is the normal route with Wall St firms).