There is an extension on the 5-year window for active duty service members because we often have to move for reasons outside of our control.

They are an extension of YOU and are the first point of contact for your customers (tenants).

Hey all,My partner and I are looking at buying our first investment property (a three-family) in Worcester and trying to estimate CapEx for repairs.The house we are leaning towards is pretty solid- we see around a 7-8% cap rate with the in-place rents and it is fully tenanted.However it needs extensive repairs on the siding around the back side of the house, as well as some general cleanup of the backyard/driveway.It’s clear the current owner has not cared to take good care of the property as there are several minor repairs needed inside the second unit in addition to a big pile of trash in the back yard, plywood in place of siding in one section of the house, and several boarded up windows and doorways that appear to be remnants of a section of the house that was removed - likely a previous back porch setup for each of the three floors.There also appears to be asbestos underneath the wood siding - I’m not sure if this indicates we might need to remove ALL the siding and asbestos and redo the entire exterior or not.I haven’t measured the exterior yet but will be doing so this week, I’m just wondering if anyone has advice on what to expect or how to ensure we don’t get screwed by contractors if we do move forward with this property.

I did extensive research on the subject based on the definition of "doing business in this" based on the rules in multiple states includes owning real estate where there is a tenant of any type of commerce. 

Hello,As the house I am purchasing needs extensive repairs to rehab it, I am wondering if insurance companies would insure the house and if they don’t what are my other options?

Going to local REIAs has been one place I have connected with folks doing small developments or really extensive flips.

In  Texas, we can renew the same lease with same price & terms or we can make some minor changes (Rent Increase) to the lease with a form called "Extension Of Residential Lease".  

Haven't found a good (affordable) one yet that specifically targets the multifamily/commercial space.Marketing apps similar to dealmachine, where you can find a property and put that owner (occupied or absentee) on an automated mail campaign.I haven't done extensive research yet, but also haven't come across anything that gives me a reliable phone number or email address of potential sellers.  

The seller kept asking for an extension to the closing date and eventually told us she wasn’t going to sell.

Extensive renovations to the exterior and interior of the property including new windows, siding, gutters, flooring, kitchens, bathrooms and hvac systems What was the outcome?