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Isaac you need to wait for a "burn in" period and do nothing.Watch how the tenants perform and the property runs before making any huge capital decisions.Yes we look at those items before purchasing to see the best strategy but since you have already closed it is best to do some more research.

My contractor pretty much did the juicy/profitable items of the rehab and quit, namely some foundation work and roof.The HUD consultant did an exit inspection and I signed off on an exit draw.

Can usually get a discount on big ticket items.

The only way I know of is with gift money from relatives to give you the skin, the other way is to serve in the military and get a VA loan. :)

We found a tenant to our single family house in GA, and completed all the formalities like Lease Contract signed, Move in check list completed and signed, Keys handed over to them and all the utilities changed to their name and the Tenant also moved some of the items into the house.

And that was with all expenses accounted for"Stupid" questions list:Q1: How can someone purchase a duplex or similar item without a consistant income or J.O.B.?

It's a great city, especially with the military ports there.

I absolutely love Colorado and that is where I plan to return when my husband retires from the military and stops moving me all around the country. ;) We turned our owner occupied property into a rental when his duty station changed about ten years ago.

Aside from the fact that you can't do this unless you have some legal and proper arrangement with the seller, or if you actually purchase it, the small items you talked about are so minor it adds little to n value to the rehabber.