It could take you six months to a year to get them out and/or tens of thousands of dollars to do a cash for keys agreement (basically give the tenant money to leave). 

Thus, don’t be surprised if your rehab estimate is 15% x $800k = $120k.Agent sales commission at 4% of ARV = $32kAssuming you put 20% down, a 6-month HML at 11% plus 2 points will cost $36k.

There was a tenant that was evicted so there were people living in the house a few months ago. 

(For properties of this age, months requiring some kind of repair seemed as common as months where nothing needed to be done).b.

However, we are afraid that our dream property won’t be around if we take the realtor route and wait who knows how many months before it sells.I suppose where you all can be of assistance (and thank you so very much… I’ve never heard of bigger pockets until today) We have a super unique house to sell.

Easily could store a lot of equipment and be used as a workshop.I am thinking of trying to rent this building for 2500-3000 a month.

I was recently seeing an Instagram story about a $15k special assessment and a doubling of the monthly dues, due to underfunded HOA.

You can get free monthly national reports and seasonal for cities.

Rent in full on time every month with little to no turnover/vacancy. 

A mirror question is where you ask what is the average vacancy rate each month.