Purchase price: 280,000ARV based on comps and realtor’s assessment: 430-450,000Work needed: new floors throughout, update kitchen, update bathrooms, paint, repair plumbing, new roof, furnace, water heater, add 2 bedrooms and 1 bath in the basement, secure deck.This is my first deal and I’m somewhat overwhelmed so ideas/advice/feedback are welcome.

If he chooses to renew his lease after it's over, put clauses in there that the tenant is responsible for an $xxx of repairs before you would step in for the big repairs as the owner of the building. -- Check to make sure this is legal in your area, it was in mine but I have heard it wasn't in some states etc. 

We really love the BRRR method and see that being the method we will choose to acquire our properties. 

. - Any offers or proposals you may choose to make to us (additional rent or deposit funds, extended lease term, guarantors or co-signers, etc.).

But why hire two companies, compare, and then choose the better of the two?

Had just been painted, new flooring, newer roof/HVAC.

Hey Everyone,Wondering what criteria you guys use to determine which OOS market to invest in? Specifically how to determine the market growth, opportunity for cash flow, and any other criteria that you may have based ...

The better companies have like packages you can choose from and it's all worked out and they know what they're doing. 1.

If Buyer chooses to seek financing, Buyer may do so at Buyer’s sole risk and expense by submitting a mortgage application to a mortgage lender or mortgage broker within five business days from the date of this Agreement, but the failure to apply for or secure financing in the amount or time or terms desired by Buyer shall not excuse Buyer from timely performance of all obligations under this Agreement.

Anything from painting, construction, flooring, demolition, helping set up an open house, anything RE related, etc that you can do/learn is another step toward a successful future.