With this being a buy and hold I am tempted to go in and do the full gut and fix everything up to current standards even though it's not required.

Whether a lease is corporate or not, usually there is a personal guarantor to the lease, this way you have somebody to check their credit.7.

My understanding is the TN has some crazy rules and regulations that complicate this process.

Shortly after acquiring this 7-unit property, I ran into one of the tenant's who asked if I could replace her showerhead.

Hello BP community,I’m exploring different financing strategies for my next investment property and am considering using a Home Equity Line of Credit (HELOC) as the down payment for a buy-and-hold property.Has anyone here successfully used a HELOC for this purpose?

Thanks for sharing this option.

I am considering resurficing my rental garage floor with Plyurea and was wondering if this can be expensed or is this an improvement that needs to be depreciated?  

Purchase price: $145,000 Cash invested: $8,000 This 2 bedroom Condo with a garage was fully renovated by the owners before moving into a house and holding it for a rental since 2001.

This may be one of them.

This means fewer “rookie mistakes” and more informed decision-making from the start.2.