Lots of good low cost REI opportunities in Memphis!

It seems nearly every tenant has done this, costing us thousands throughout the years.

Most of my costs are incurred when I have turnover, if you have a tenant that has been there for 20 years, I would not rock the boat much.

How much are closing costs? 

Property Taxes, Insurance, Management Costs, etc.)With either method of taxation, foreigner investors must have an Individual Taxpayer Identification Number (ITIN).Obtaining A Taxpayer IDAs soon as possible, foreigner investors need to obtain a U.S.

Do you know reno costs? 

I purchased a shell of a SFH last December in Philly through Maverick from ABC Capital for 43k with a 55k renovation cost separated into 3 draws.

Determine how much the remodel will cost to include holding cost and get a good estimate of what the property will sell for and then figure if that leaves you enough profit to make it worth your effort.

What are your cap ex costs to get the property up to or above market rents. 

It will cost more than what Zillow charges, but it is worth it to protect an asset worth hundreds of thousands of dollars.