You'll be hoping to break-even on a month-to-month basis, so if things go slightly wrong or you have a repair, how will you handle it?

Any future claim would be on your watch.I'd never have any repair or maintenance agreement incorporated into a lease.

I'm looking at a home that has previous repairs, but also still has issues.

Structural repair, including putting in a damn floor joist - $4200.

Determine the deferred maintenance, necessary repairs, and desired enhancements.

We Will Laugh SomedayThe wild experiences with tenants - the crazy excuses they give, the damage they do ...Then, there are the things that happen to the property - the repairs, the deterioration, the “normal wear and tear”, the relentless pests ...Add to this are the experiences with the neighbors – do those dogs bark while sleeping?

These costs include:Commissions,Closing CostsSellers' ConcessionsHolding Costs (PITI)Repair Costs to SellClean Up CostsStorage and Moving CostsIf you only have 3 - 5 % equity you need to pay the balance out of savings, which could be tens of thousands of dollars.As an alternative, what if you, Mr Seller, could receive:•Usually top sales price for the property in a Lease 2 Own.

Hey Drew,You have to put some money in your figures to account for closing costs and fixup for the purchase part, and for vacancy, repairs, capital expenses, management and leasing costs, and utilities while vacant.

Most paperwork does not reveal the auto transmission in need of repair or the possibility of braces for the children.

How firm is that repair estimate?