The prices for coaching seem to range vastly and it's a massive expense that could really put you in the hole.

I tend to suggest Rotomolded, they're more durable and less expensive, without all the fancy jets and colors.

I'm familiar with the house & the area and am pretty sure its clean & just needs to be updated (wallpaper/carpet/new cab doors/etc)...not a lot of expense needed. 

This means that the electrical is likely made from copper and is grounded.Running new ground wires and fishing wires behind walls can be very expensive, so having electrical that is similar to today's code is a plusProperties in this era also had ductwork - meaning forced air heating and cooling.

Meanwhile I received call from insurance saying some adjuster will visit to check eligibility for coverage and I asked restoration guy about expenses he said you will get it after work but suggested not to worry as it wouldn’t cost more .

A good rule of thumb is to plan on spending approx $10k on all the standard items for your unit like your washer & dryer, linens, small appliances, dishware & cookware etc., plus $2-3k per bedroom.

Do you plan on buying properties that need rehab?

@Eddie Smith we've found the two biggest tenant complaints:1) Maintenance expectations not met (taking too long)2) Expectations of communication not metThere are many more complaints, but majority are tenant-caused that they want a free pass on: waiver of Late Fees, Payment Plans to avoid eviction, being allowed to get a pet or otherwise violate their lease with no repercussions.

There are many risks, consideration, knowledge, strategic planning, decision making, and real experience skills that are needed to succeed in real estate investing.

Despite these challenges, the successful sale highlighted the effectiveness of our partnership with Seth Choate and reinforced the value of strategic planning, efficient execution, and strong collaboration in real estate inv