Hi all, just wondering if there are any turnkey companies out there that would allow you to have room to refinance after the rehab is completed...or do they all maximize profits and charge a premium?

Great appreciation over several years, because  of premium location, probably will always have  high value.Second property 2.9 acres business on major hwy right in the middle of restaurant row, already subdivided, zoned commercial, existing 18k sft structure w long term tenant paying about $120,000/yr. 

I don't want to dump money into renovation if it won't get the premium rate, and I should actually just stay in a more budget, unrenovated niche.Currently it just about breaks even with the hard costs and saving for more major repairs someday.

I'm not aware of any higher insurance premium charges (at least not knowingly) for allowing pets in your rental. 

Current ownership has renovated 25 unit interiors now averaging $350 premiums over in-place rents.

Current ownership has renovated 25 unit interiors now averaging $350 premiums over in-place rents.

So talk to your insurance broker they should be able to guide you through your coverage & premium options.

We won the auction at $193k, with the buyers premium the total is $212,300.

There was a $1500 buyer's premium, so I was in for $2500.

I like the idea of the long-term tenant as we have several SFH's with long-term tenants, but I do like the idea of furnishing and charging a premium for shorter stays.This is what I've been told by my mentor regarding the electrical panel - disclosing it in the lease and making them aware that it's in their apartment and there might be an occasion that we need access to it.