I'm going to inspect the attic this week and mostly put insulation down.

The houses aren't in the best neighborhood and the seller makes only the improvements needed to pass inspection.

That is, the Buyer has an opportunity to inspect, review and analyse the asset for the most part at will.

Total rehab cost of about $13k, plus $3k in appliances.So total out of pocket cost right about $160k total with inspections and some random stuff.I had her rented basically the day they finished renovating on 5/1 at $2500 per month.Just got the appraisal back and she came in at a $230k appraisal.Next week I wrap up taking out a loan out for ($230k * .75%) $172.5k and use that to finance a future deal.With that loan secured at 75% LTV, she'll cash flow at north of $1,000 per month, and I'm up $70k or 44% on paper based on the appraisal value compared to what I put in.

Going to do checkout inspection with tenant.

2) Lease my property to the LLC and then have the LLC sub-lease to the tenants (and then if I go that route, would I need separate bank accounts for both the LLC's rental business, my rental business, and then need to get business licenses and housing inspections for both me and the LLC.

@Andrew Cordle one thing I'd suggest is that when you are into the inspections phase, make sure you get one of the newer "combo inspectors".

Hi everyoneI have a quick question about doing an inspection for a wholesale deal.

There are always things that come up and that is why you can place contingencies in the contract for inspections and financing.

I am almost sure it was cut off at least a week ago.After I find this out I give them notice that I need to inspect the unit.