@Feras Saffar-there is nothing you can put in a lease that can prevent everything bad from happening-if you screen for high quality tenants that can help-yes, you will experience turnovers that exceed the cost of the security deposit. 

This blog post explores the growing concerns among some analysts that the US economy is headed for stagflation, a scenario characterized by high inflation and stagnant economic growth.

High competition can drive up purchase prices and reduce available deals.Here's how to decide if BRRRR is right for you:Run the numbers: Use rehab cost estimation tools (like those mentioned in J.

Add estimated costs of new flooring, paint, drywall repair, and countertops using the quality of products expected in that neighborhood and double that estimate.  

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

i.e. are they doing what they say they're going to do, are they actually doing somewhat reasonable quality work, etc. etc.... then it's really a non-issue.... are you going to overpay?

Ive always used conventional lending 20% down 5 years ago I did a duplex and renovated it with plan to brrrr but life changes caused me to not refinance to keep the cashflow high instead.

High interest rates body-slammed supply numbers in 2022, as I detailed last week.

Also an electrical meter was missing on the outside and I just saw two leading me to believe the building wasn't even a legal three-unit so for the high price my dad and me agreed to pass on this one as well.A few days later I got a rather angry call from my realtor asking me why I keep passing on good buildings and what's going on?

Keep in mind, the transactional costs of selling a property in Philadelphia with the high transfer taxes and brokerage fees (althoug these are expected to be reduced in light of the landmark NAR settlement that occurred yesterday), adds additional transactional costs, especially in instances where the home was purchased as recently as last year as is the case with your home.