This allows me to use that money to continue to invest in more rentals and refi again (Buy, Rehab, Rent, Refinance, Repeat...

Hello BP Friends-I am working on 2 rehabs in South Philadelphia and looking for a metal railing fabricator in the area. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

What you will learn from YouTube (even if you are unable to completely address the situation yourself) are things like: what caused the problem in the first place (so you can prevent it in the future), what is the cost of fixing it yourself (as a reference point in the future to determine if it's worth hiring someone else to handle it), and basic diagnostic/problem solving skills relevant to whatever you are having trouble with.In regards to how to handle the tenant: It is critical that you set and manage expectations.

This option has the advantage of all of the options that I have seen posted in that it actually addresses the problem (no income taxes paid).I have made a significant amount of money via RE and have legally paid very little taxes on that money. 

BUT that being said, there are lots of opportunities for great cash flow with solid tenants and low vacancy if you plan correctly (especially by not over-rehabbing thinking "if you build it they will come", they won't).

The addendum to address issues from the inspection were few ... an electrical switch. 

I am a first time home buyer in a partnership where I am taking a conventional loan to purchase the property, and my partner is contributing half the value of the property in cash to pay the downpayment, closing costs, and rehab.

REO's are ordering multiple BPO's and CMA's, and in many cases they are getting rehab bids and even doing the rehabs & selling on the retail market. 

Im looking to try the Buy Rehab Rent Refinance and Repeat method for my next couple of projects.