That depends on whether your MLS forces that field. 

They're gonna force you to provide it instead.

We acquired this side of the duplex with plans to finish the basement ourselves to force equity.

Depending on when that building was originally created, you may be forced to bring other aspects of the building up to code which can drastically change your budget.

I'm considering replacing 2 of the dated forced air oil furnace with a gas furnace.

We try to keep our clients in-house as much as we can but we would never force them to use us as PMs if they do buy properties through us.I hope that helps sir! 

Based on my analysis (found an analysis spreadsheet online: BP post Master calculator copy - Google Sheets) I'm seeing -3% CoC return in the first year and I'd probably pass on it unless there'd be obvious opportunities for forced appreciation which in this turnkey scenario might not be the case.The listing outlines property taxes as $4k/year and property insurance at $1.5k/year.Some of my assumption:-Vacancy reserve: 10%, Maintenance reserve: 10%, Property management fee: 10%, -20% down, 7.5% interest rate = ~$100k cash investment.

Some or most outlets are most likely not up to current safety standards, and could need replacing in order to prevent any liability if there is a resident injury or fire related to non-GFCI outlets.As far as the LLC goes in protecting you, at the end of the day it is not too hard to pierce the corporate veil if someone really wants to get aggressive with litigation so I would do it but not expect to be completely protected from any and all things that can go wrong.The laundry pitfall is a great opportunity to force appreciation by installing a laundry room down in that basement and increasing that NOI.

I’m doing a 5/1 ARM.

I wondered about cutting it off because I was worried if I forced it too much I WOULD it could break pipes.