You just need a lawyer to draft a really good operating agreement to anticipate what happens in certain scenarios that we see often in these types of partnerships.

I looked over the numbers and decided the cash flow was a bit low given the anticipated updates I see coming.

I would look at this no differently than purchasing a property in poor condition and anticipating those 6k in repairs to bring it up to my standard, and thus working that into my budget (which hopefully you did).

assume a purchase price of $300k and im looking for market value insurance, not replacement cost. what range would you anticipate seeing insurance costs come in at?

They have worked great for me.They are illegal or at least against most city codes so if you use them beware and be prepared to face possible penalty.I have not yet ran into any issues with code enforcement but I fully anticipate it someday.It is just a risk I am willing to take for my business.

If you woudn't mind writing something about how to do CL ads the right way, that would be super, cause I don't think I've got it down just yet :) I don't anticipate getting any bites till sometime tomorrow, being that today is sunday, but I'll let everyone know how it goes.

If you anticipate push back you may be safer using the board form as the board has a practice of using any excuse possible to support tenants.

Labor was a lot more than we anticipated as the job was far worse than we expected.

The ARV I was anticipating was $275,000.As I began the project the first deviation from my plan was to change from a 4/1.5 to a 3/2.5.

-I anticipate both houses will appraise for roughly the same amount -we are located in Texas and can benefit from a homestead exemption for property taxes on the house we are living in.