Starting out, many managers/landlords want to talk, talk, talk about all the great features of the property, how great the neighborhood is, and how much they know.

This is a typical deal.Also, would it make sense to take your positive cash flow and then use that to control another mortgage to help you gain more properties and increase your portfolio?

We work on commission typically 2.5 to 3. %.

Most agents work with the typical customers (end users who want to sell their present home so they can buy another).

Typically, you must have 20% down but there are exceptions to this.

@Antonio Bodley Yes, our company gives the owner $10 option consideration, just as you typically give $10 consideration on a deed when you buy a house.However, I didn't realize what you were trying to do...Duplexes aren't the best property to find a T/B for, so if you move forward on this I would market the other side as either a LO or a straight rental.I also wouldn't look to move forward on this if you can't cover at least 2-3 months of the other side being empty, and you better know how to screen an applicant very well.I have the feeling from reading your post that one or two hiccups in this arrangement could really hurt you, so just make sure you have the reserves to cover yourself.Also, in this situation, the owner will most likely want at least 1-3 months or so as option consideration.

The window unit along with the window well will typically cost about $1,000.

It is actually a feature in top property management software.

It was a $10k cost and seemed to be the typical sales type deal of "offer 10x the initial offer" bundle kinda thing.

When updating bathroom plumbing and it doesn't need a full gut I don't try to salvage the tiles I make it a feature always looking to add character to my spaces.