Hope that helps a little.

If it is a one time fee, I would add it to the repair costs.I hope this helps, and if I am not understanding correctly, please let me know!

Hope this helps!

Hope this helps!

I hope to buy another property this year, either at the beach or locally in Triad NC for either another STR, flip or mid term rental.  

Glad to be part of Bigger pockets community and hope to learn how to navigate buying my next property and how to finance it. 

Our plan is to add value through reno or sq footage, in hopes to repeat the process in the future. 1st Home Purchase Strategy Inquiry-From the other forum posts in the OC area that I've read, it seems investors are more into fix and flips, but when it comes to rentals it's out of state.

Welcome to bigger pockets and I hope to see you around!

For example: I have a 5 year ARM at 5.5% interest on a 243k mortgage that can adjust after that period, but my plan is to hopefully transition to a 30 year fixed rate before the adjustment occurs - so we can avoid that complexity.

I'm looking for some thoughts specifically for the downtown Sacramento market targeting either a two to four unit building or a 5 to 6 unit.I'm hoping to get some opinions on:Pros and cons of each (less than and more than 4 units).Current rents you are seeing for a 1 bed and 2 Bed.Buying in a good location with a building already and great shape or try to find a fixer.Best locations/ neighborhoods to target.Ideal cap rate and or cash on cash rate target, etc.