What type of performance will the bank require from your property during underwriting.Its 3am and the phone rings and your tenants w/heater just started leaking and the water has leaked out of the laundry room into the living room carpet.

BUT, one unit needs a small amount of work(carpet was ripped out- hardwood needs sanded/finished), new paint, etc...

Simply use your template, draw a circle or square around the original hole, then use the same template on your drywall (if you want 1" difference go ahead and draw that out from the original markings) then tape, mud and finish.Note: the same technique can be used for vinyl on floors, carpet, etc.

I'm dumping couple thousand into mine to compete with the owners who refuse to paint or carpet after 7 years.

It was difficult getting their repair crew out because of the all of the claims this weather event created but yesterday they came out and removed all the carpet, some walls, and put in dehumidifiers to dry everything.Here's how I understand the insurance will work.

So this means I can clean up tenant issues in time.Concern #2 - LL pays all utilitiesI received all of the numbers from my realtor on this property.

Ask to see the transfer orders and verify it before your refund their deposit and make sure they clean the place.

Honestly I already have lined up a realtor to rent it for me, and also a crew to go in and redo the kitchen.In my lease expiration notice I mentioned he does NOT need to pay last month's rent, and I still have his security deposit and would send it to his new address after deducting damages if any, and scheduled a walk through inspection on the last day 6pm and that I expect the place to be cleaned, free of debris and trash and personal possession blah blah blah.Then suddenly this month I got a check on the 10th, when I didn't expect it, with late fee already included.

Could use some paint and carpet, but otherwise the house has all high end stuff.Never used a hard money lender before and I don't have a lot of skin to put in the game.Thoughts?

In total we spend about 7,000 per floor on furniture -- that included 4 beds frames, mattresses, desks, dressers, chairs, floor mats, 2 couches, coffee table, end table, and entertainment center.Here's what we found:Pros:* Shows great because everything looks new, so I can command top rent for my area* Furniture is cheap so if it gets broken, it's easy to take out of the security deposit* Couches are easy to clean* Nixs and dings are easy to cover up with a markerCons:* Takes a long time to assemble all the furniture.