Keep in mind we do not have known cost amounts for these repair items, and can just make estimates, and hope no other costly issues are uncovered after attacking some of the repairs.My question is, with our next interaction with the selling agent, should we:A) Ask for the major repairs be metB) Ask for a decrease in agreed upon price (without great idea of what the repairs will cost)C) A combination of both; settle with some repairs met, and a decrease in priceOur entire list is below: (keep in mind that I am not sure if all of these things need direct attention to get the unit rent-able, or if some items can be overlooked for now and deal with later as they become more of a problem)Repair List:Items that need attention before renting unit:Big Ticket Items:Install furnaceInstall all new appliancesInstall water heaterExterior electric power supply is damaged, needs repairInstall guttersNo termite treatmentNo gas meter, install newAttic decking has moisture damage, needs repairSmaller Repair Items:Install electric panel faceplate and secure exposed wiresTwo prong outlets (could not test), swap out, install GFCI where neededTrim tree limbs in contact with power linesMissing light cover under front entranceRepair kitchen windowsRepair kitchen sink leakRepair utility room leakInsulate atticSeal gaps in living room doorLoose bathroom faucetAdjust shower water pressurePatchwork performed in multiple rooms, walls are plaster on wood lathe- which I have been told can have asbestos issues once opened upDeferred Cost Items:Large tree removalTorn and missing roof shinglesSeal plumbing boots on roofRaised soffit under car portSecure electrical lines in attic, they run over attic stringers, not through them (necessary?)

-MikeView report*This link comes directly from our calculators, based on information input by the member who posted.

Hello,This question may be more directed towards the rent to own area, but it does involve finding tenant buyers.

I was running the numbers on a light fix up and selling as a 2/1 and it looked like I'd get around $430k but I'd spend $10-15k in repairs, hold for 2-5 months and pay agents.

After renting for a year to learn the growth direction in Manchester, I made multiple offers on SFH's.Cash out Refi's I was interested in doing to not have a large down payment in the property plus all the renovation costs.

BetseyWe have listed our properties on Google Business .Since doing that, we are running about 50/50 of people coming directly to our web site and going through HomeAway ,VRBO or Trip Advisor or Flip KeyOur Season is almost 85% word of mouth. which really helps cut down booking fees.We have seen and been told that during season once guest find a place they book for the following year because if they don't they won't be able to get in.We have been doing this going on 3 seasons now, when we bought the place we inherited a couple of guest that have been staying on the property.

You will have negative cash flow and will only be able to rely on appreciation to profit....extremely risky.Additionally if plan A is a serious option for you then you are a very low risk investor and may want to reconsider directly investing in real estate and may be better off putting your money in a REIT.A investor, assuming they have the ability to move, would sell the CA property and move their money to where it can actually produce positive cash flow.

Is it possible to roll a portion of the old 401k into a Self Directed IRA and roll the rest into my new employers 401K program?

Can anyone direct me to a agent or company that focuses on this type of property?

Entities are mainly used for asset protection.However, some would argue that by structuring you will lower your chances of having an audit of your taxes due to the lower ratio of audit for entities compared to claiming it directly in your 1040.If you are using a multi members LLC taxed as a partnership, this LLC will only file an informational tax return (1065) and each member will pay the taxes on their own tax return, based on the K1 that the LLC provided them.