Makes sense and aligns with what I've been told by a CPA/EPA I'm going to potentially use moving forward.Let me ask you guys this:I can BRRRR this house and put around $30k cash in my pocket on the refinance (as long as appraisal comes back normal which we all know how that can go.)

You also need to make sure your short term and long term goals are aligned.

However, I chose to invest out of state in markets that better aligned with my investing goals and where the barrier (cost) to entry was lower. 

At what point can I come in and move their stuff into storage (for 30 days) and begin cleaning up the disaster they left?

The one tenant left, is able to play the full rent but split.

Hello everyone and happy new yearI’m going over a single family brrrr and wanted to get your opinion on the refinance part as that’s what I’m analysing.I would be leaving roughly 14-18k in the deal and after paying expenses which include the following ( management, %4 vacancy, 4% maintenance, insurance, property tax, income tax) I would be left cash flowing $250-270. probably not attractive for the seasoned investors but for me it’s pretty decent?

And the better partners you will attract as well.I always think it's good to partner with people on a deal-by-deal basis at first, to see if you get along, have aligned values, and like working together.  

Below is a site I had a similar issue...difference being my client owned both parcels, but you can see we left the existing meter and installed a new meter both in front of one parcel.

Once more, seeking BP wisdom.I just had a solid tenant move out after nearly 4 years (always paid on time).The rental was left in less than desired shape, and one of the issues I’m having trouble assessing cost for, is the kitchen countertop.I’m attaching a picture, because it is difficult to describe. 

The home was left to my father so I’ll have his attorney write up a purchase and sale agreement to sell it to me.