I noticed on Zillow that asbestos was listed as a building material, but I didn't pay attention to it until my insurance agent mentioned it.

I requested copies of the income taxes for them both and it looks like this could be a pretty good deal but I'm not sure how much he spends on materials to keep them running as that was not included in his "financial report" (which was a piece of paper with number written for utilities).

With the $1k class you get the information, use of their logo, access to marketing print material for an additional charge and you can purchase the crm separately as well.  

Hi Everyone - did this ever materialize into a meetup group?

I love leveraging the local landlord assocations for cheaper materials.

When exposed pressboard connects with water it acts like a wick and sicks teh water up - expanding and warping the material.   

For example, if the tenant breaks a window and you spend $250 repairing it (materials & labor), you bill that back to them to be paid with the next rent payment.

the challenges with flips  is that there are so many angles to try and cover / consider that it is somewhat like spokes on a wheel… even if you just take it system by system… roof, plumbing, AC, foundation, subfloors, electrical, appliances, septic, materials expenses, holding costs, taxes, etc.  

Some of them will make it to a higher income bracket, probably most will not in any material manner. 15 cent an hour raises don't really make for much investment income.

You'll also want to make sure that your rental will be competitive for the area you're in regarding the rental price and quality of materials in the property.