I get better deal with more work required  I totally get how the more renovation the better the deal if it appraises well but for me this will be my very first house hack investment property and the guidance I have gotten is that I should be looking for something pretty turnkey starting out and then explore a BRRR on future deals after the first one.

If you’re interested, I can set you up with full access and some free credits to explore the platform.

Initially, I wanted to house hack this property but with the 4 units breaking even with their rents, on paper living there for free wouldn’t be an option.

Happy to chat further if you have any questions, feel free to connect! 

Feel free to reach out if you need advice and best of luck! 

First off  you have a CRIME FREE /Drug Free addendum on each tenant that lives in your rental.If you notice suspicious activity or have reports of the same you give tenant notice of high traffic / volume of people to unit as notice to cure.. if this continues or you see or smell drugs you give notice of non-compliance and lease termination. yes you can ask police for advise.. but your main goal is to limit the calls police have to make to your property so you don't want to be listed as a nuisance property. but if the issues warrants it yes call the cops and if a neighboring unit is worried tell them to call the cops sometimes you have to have a record of police calls to verify the issue so you can write up infraction for eviction action..

Feel free to reach out if you need any advice. 

The total of all depreciation taken is taxed.

We want to buy single family homes for rent.If Tampa isn’t a good idea, please feel free to recommend areas in Florida.Thanks in advance

Most cost segregation study companies provide the quote for free.