Rents for three nearby homes are $2500-$2700 for a 2 bedroom, 1 bath apartment.

@Daniel Kurkowski I believe the improvement must be double the basis in the property (i.e. buy an apartment building for $300k, and then put another $300k into it) - Note that the investment must be made in a qualified OZ fund as well which are self-certified and can be any partnership that holds at least 90% of assets in qualified OZ property.

@Timothy VanWingerden What does the current lease say regarding inspections, work, and notice for access?

In my experience, those large cuts are normally due to findings during inspections from past potential buyers.

Hi BP ,As part of my new investment i was shared a real state property in Shelbyville, IN.This property is fully rehabbed and the scope of work is shared with me , which was around $32kI want to make sure that what is mentioned was indeed done and do my own home inspection.Could anyone suggest good Home inspection in Shelbyville, IN that i can contact ?

Hey everyone,      Im brand new to the RE investing world and just wanted to say hey and I'm really looking forward to being apart of this massive community.

@Anthony Percy you are right, Baldwin and Mobile counties are very hot right now, lots of opportunity in the area from new construction to SFH, apartment complexes left and rIght etc.

The most common refundable earnest monies are (1) finding something you weren’t expecting as part of the inspection and (2) financing falling through.

My first inspection came up with a list of repairs all of which were pretty reasonable.

We do still have a big disparity between certain areas (seacoast and the southern part of the state in general) and the more rural areas and much further north, in terms of how quickly stuff sells/market activity, but generally in NH the rental market is very strong, both for SFR and apartments, bolstered by the real shortage of affordable housing for local workers to buy.