What's preventing you from ammending the contract to replace previous resident with the daughter?

If you are valuing based on replacement cost, that could be a valid comparison.

Could you handle it if the HOA decides to bump the HOA fees next year or hit you with a $3,000 special assessment to pave the parking lot and replace the roof?

Hey guys,Can you apply bonus depreciation for a replacement property placed in service April 2019?

And if they have to drill holes for interior piers, you pretty much will have to replace the entire flooring. $$$$3.

If anyone on your list sends you zero referrals, drop them at the end of the year and replace them with new people.Do the same with businesses where you drop in and give them a little gift, build a relationship, and start referring people to them.

Upon taking ownership we realized the roof was in dire need of replacement.

We are now told that the Shower Pan Liner needs to be replaced, for which we received a quote of $10k!

Also consider the future replace cost and maintenance.

There are 3 major components to buying rental property.