We will have to invest more capital than we originally planned to fix the damage, which will lessen our ability to re-invest in other properties, but the cash flow and rate of return on the property still work even if we estimate out what we think repairs will cost. 

Originally posted by @Christopher Brainard:@Drew DeSousaHi Drew and welcome to BP!

Originally posted by @Christopher Ragin:So, unfortunately I just lost my job but I didn’t like it anyway and always wanted to invest to make income...how could I start this and what can I do?? 

Originally posted by @Michael Knaus:Obviously the roof sagged because the run of those rafters is too long for what looks like a 2 x 8 rafter.

Originally posted by @David Weintraub:What type of property?

Originally posted by @Shiv Jey:I imagine I want to use a local bank, local lawyer, and local management company (last is obvious) to the property (as an out of state investor).Do you get all these people in line first before making offers and finding properties or do you identify the deal first, then find the above along with the inspector, handyman, contractor, etc? 

Originally posted by @Dave Foster:@Lior Reich, This is not at all uncommon. 

They bring it to their skin in the game, the cash buyer, and its assigned to the cash buyer with a fee that represents what they originally would have charged without me in the deal.  

This duplex had an original system.

You can usually buy a property and use it for its original intended purpose without too much trouble or review, but when you try to use it for a different,  non-conforming purpose most cities have some sort of planning/zoning commission that will have to review and approve it before its approved.