Hi dam,Yes, typically the downpayment, closing costs and holding costs are covered by the investor out of pocket.

Here are the main indices of Loan Underwriting (keeping it simply):As-Is ValueAfter Repair Value (ARV)Loan to As-Is Value (LTV)Loan to Cost to get to ARV (LTC)Types of Lenders: Conventional or Hard Money (there are others but let's keep it simple)Conventional Lenders will look at the AS-IS Value of the property and on Residential Properties will typically loan up to 80%LTV or up to 80% of the Purchase Price, whichever is lower.

The mini-splits may be nicer than window units but they’re going to operate the same as far as dumping the heating/cooling in to one room. 

.🔐 Legal Enhancements: Revised operating agreements and leases for a solid foundation.💡 Creative Fund Sourcing: Innovatively secured an extra $40,000 reserve, ensuring financial resilience.

Greetings BP Community,I'm an avid Real Estate investor alongside my role as a W2 employee, and I'm currently seeking a financial advisor, preferably one who operates on a fee-only basis.

A travel nurse, for example, would typically stay 90 nights on a single contract.

Typically we shy away from playgrounds for the same reason @John Underwood mentioned.Another thing you could do that is minimal liability is a putting green area.

We plan for our holding time moving forward to typically be 10-12 weeks up to 4-6 months depending on the SOW.

Send it today as Michigan statutes require a MINIMUM of 30 days notice that must cover at least one rental payment period (typically a calendar month), not any other 30-day period.

He does very well- very little maintenance cost on a new build, they appraise well, and you can demand a higher rent and typically get a higher quality renter and thus less wear and tear.