When looking at an investment with value-add rehab, obviously we need to take market cap rate and discount for the actual costs of repairs. But there is no reason to take on the risk, time, lost rent, and work for the...

Therefore, I am closing on a foreclosure on June 22nd that will be renovated and used as a rental property. 

I could see how buying it would dip into savings and possibly wipe them out, but outside of the small renovation and unoccupied period, how does a cash flowing rental obliterate your savings rate?  

the rental property was out of service for an extended period, Schedule E will reflect the costs for renovation or rehabilitation as repair expenses.

I have been a lurker here for quite some time myself.Having a partner who understands renovation costs and time-frames when starting out is an invaluable resource.

We offer properties that are renovated with tenants in place already cash flowing and can continue to handle the property management for you.

I put in a lot of work and money to get units renovated and rented out.

I put in a lot of work and money to get units renovated and rented out.

Property management in place and solid tenants in place makes these fully renovated homes the perfect systematic investment.

The city deemed it a historic building and it would have been costly to renovate.