Most Tenants and Owners are great and by far are rockstars but every now and then it amazes me that we'll get an owner that hires us for our experience and expertise and then tries to step in and "co-manage" or want things a certain way aside from our system... we call these time wasters and quickly say 'no thank you'... we have too many GOOD owners and tenants we have to focus on and important things like running a reputable business and ensuring properties are taken cared of for this -- based on data and experience... not opinion.

Certainly purchase and keep your property open to it but I would certainly encourage you to run numbers based on the standard rent method.Hope all of that makes sense.

I want to make sure I am not missing anything major and that I have all my bases covered.

Also you vetting a tenant is crucial here:In these types of leases the tenant is responsible for paying not only the base rent but also all additional expenses associated with the property, including property taxes, insurance, and maintenance costs.

We changed the flooring to LVP throughout, painted, added crown molding, installed new lighting and ceiling fans throughout, did light cosmetic upgrades to the bathrooms, fenced in the backyard, removed dead tree from front yard, and re-graveled the driveway.

Installed LVP flooring throughout, all new appliances, painted, installed crown molding, changed bathroom vanities, fenced in the back yard, installed new ceiling fans and lighting throughout, changed lower kitchen cabinets and countertop, painted upper cabinets, installed two new windows in the house, changed HVAC, and furnished it.

Can the appraiser appointed by the FHA Lender assess the rental income based on the units post renovation.

View reportThoughts and opinions are most welcome*This link comes directly from our calculators, based on information input by the member who posted.

@Thomas Good @Melanie Hartmann Based on my experience compared to Realeflow, Flipster is way better for lead gen and deal analysis by far.

Move it onto the street, it will be towed and charged to the owner based on the vin number.Unfortunately you are paying the price for not issuing the eviction notice September 2nd.It is a major mistake for any landlord to operate their business on the principal that a tenant that pays on time is a "good tenant" that deserves special considerations.