Hey all,I have long time renters who except for a few months during the initial covid shut down here in Oregon; paid on time. 

The initial consultation is free and he also provides business consulting advice.Honestly, John is just an all around great CPA and does not stop until the work is done.BestCatherine

I watched a video from Brandon Turner on analyzing the rental properties so just inputted the same numbers he did overall- to get the initial analysis, then if serious about it I would need to double check everything.

I initially tried to help the sellers get it fixed up prior to selling.

Offer the initial lease as either 6 month or 14 month.

As others have said, the process is very similar to when you took out your initial loan.

Assuming you didn't have a pre-payment penalty on the initial loan.

With regards to value after renovations..If you're performing rehab work, include this cost with the purchase price in your initial cap rate calculation.If your increasing the NOI after purchase, update this number once complete.To calculate your post value, you need to know the local market cap rate.

Think initial advance + rehab cannot exceed 70% - 75% of ARV.  

My initial goal is to find a property to rehab+house-hack- ideally in the Minneapolis Northeast neighborhoods.