She stated that he has been using drugs in the house and apparently, one of the neighbors saw him shooting up in his arm while the garage door was open.

Been renting it out 3 years as of March 2024.Recent townhouse sold for $980k in my development in 6 days, $150k over asking (2/2, 2 car garage 980sqft).

With the Income Approach, the appraiser is going to evaluate the income and expenses of the property to develop the Net Operating Income, then they'll apply a market Cap Rate to the deal.

I recently purchased a property that includes a 3-bedroom, 3-bathroom main house and a pool house that can be converted into a 2-bedroom, 1-bathroom unit.

For those that don't know, group homes are single family homes that house "by the bed" and therefore come with many benefits, the primary being that they bring in anywhere from 1.5x - 2x the monthly rental income that a standard single family home would. 

Our cleaner had to spend 10 hours to clean the whole house!

I've heard good things about Oklahoma, but it is very far from CA and I personally wouldn't bet on very speculative developments across the country.

But, in future if we want to develop any residential or commercial buildings on this land, would this rail road track going to be a deal breaker in terms of attracting potential developers or buyers or investors? 

An update, we are set to close on our first duplex house hack next week!

Still waiting on an estimate from this contractor and meeting with one more this evening. on one hand, if it is in the budget, would it be smarter to lay the nicer things, but then the unknown of a bad renter tearing the house up makes me nervous.