One of my buyers was able to get a new furnace when the original (which had a 5 year old motor) unexpectedly gave up the ghost.At about $450  to $500 it is cheap piece of mind if you worry about future complaints or claims.

Not big fan of heavy renovations as lot of unexpected things pop up.You can pm me so we can continue chat there.

This educator obviously had great deal of experience and not only teaches about notes, but also highlights the essential components of setting up and running a successful notes business :) #VNBFD #NOTECREW

Without a pic of the faucet, I have no judgment on that decision, but if showing excessive corrosion and/or age of plastic components, depending on overall condition of the unit I will likely change as well.

Cash on Cash analysis is just one component or variable.  

They have no savings and are living paycheck to paycheck and are an unexpected expense away from being late on rent so they can pay for whatever came up.

All orginal knob and tube wiring and it's service components are getting pretty rare, but if you see a fuse panel, that's a red flag.

As far as the type of assets you would invest in is entirely dependent upon the personal objective (whether it be strictly advice, diving into stocks/bonds/options trading, planning for future unexpected expenses, etc.). 

It's also a good idea to add a cushion to your estimate to account for unexpected expenses or changes in the market.As for what to look for in viable wholesale properties, some key factors to consider include:Location: Look for properties in areas with strong rental demand and potential for appreciation.Condition: Look for properties that are in need of repairs or renovations, but are still structurally sound and have good potential for profit.Price: Look for properties that are priced below market value, allowing for a good profit margin after repairs and renovations.I hope this helps, and good luck with your wholesaling! 

., with the unexpected cash infusion I went for it and purchased the house which all told took $225,000 to renovate and sold for $640,000, or $294 a square foot.