Start by scheduling a walk-through to assess the property and confirm renovation needs.

Hey ScottWe are primarily in the Tampa market and notice our larger homes that are non pool suffer as well. 

We host Free Meetups in Boston, Worcester, Lowell, Manchester, Portsmouth, and Biddeford. 3️⃣ BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat):Find distressed properties, add value through renovations, and refinance to pull most of your cash back out.

Did you complete the renovations on a property?

When i was younger I used to help her with renovations on some of these properties.I asked her about 2 years ago why she never went multifamily and she said that she was afraid of stepping out of her comfort zone and wanted to stick with what she had known and done forever.

Visit the property and learn about various renovation stages, gain insights from our experienced investors / speaker, and learn strategies for evaluating deals, managing budgets, and maximizing ROI.What to expect:Property walkthroughsReview before photos and discuss transformation plansDive into real deal numbers—costs, profits, and challengesNetworking with industry prosOpen Q&A session to ask anything about the process

I made some videos on the renovation and overall process - happy to share those with you and answer questions about my experience.

I insured a residential property that we are renovating with Obie.

Long story short, the properties were far from turn-key and required that I find an out-of-state contractor and property manager to complete renovations and find new tenants. 

However, if you have a more extensive portfolio or plan to become larger in the next year or two, I would look for a double-entry system that allows bank reconciliations.