The first contractor's quote was $15k, followed by $8k, then $10k, and $6k.

I don’t even know if I want to do this, so I assumed I would leverage the forum to help me decide if I’m even interested and then consult an attorney, armed with some information to review the contract I guess I saw it as similar to hiring a property manager.

I know of a guy here, who is a handyman, who can help out with the things he knows and then I can hire a contractor after he completes his tasks.

It will have to be paid or the lender is going to be forced to pay it and then foreclose on you ..

@Marc ShinMake sure to double whatever they tell you it will cost and take 2x as long and then have someone to come repair all the shoddy work that was done.Hopefully you have working bathrooms otherwise you may have some surprises hidden behind your walls

BiggerPockets has a section just for this, Under the BUILD YOUR TEAM tab- then select- MEET UPhttps://www.biggerpockets.com/forums/521Best of luck to you!

If they pass the background check and show income, then well OK.

Then you can continue filing Sch E and also do a 1031 in the name of the LLC.Before you take this route, there're two key questions:1.

So, many investors are moving down to Class C without fully understanding the corresponding risks.Read more in copy & paste below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

If it is then it might be worth any additional headaches.