As to your question I have yet to make any contact, it was a driveby and I like the historical essence of the property, my realtor pointed it out to me so I thought I would make contact with the owner but not sure how to approach the situation. just got his name from the county website, this would be a cold introduction to say hey do you want to sell this particular property to me.

I just closed on January 21st.I received a water, sewer, trash bill for the period of December 30th - January 28th.Should I pay the whole bill or ask for it to be prorated for the 8 days I have been the owner?

Get on or very near the water.

Purchase price: $306,000 Cash invested: $35,000 This is a mixed use property including, self storage, cold storage (boats, RV's, etc.), office space, warehouse space & U-haul rental.

Full gut/rehab (3/2 SFR) 2020 2021 April Multiplier Materials* Materials % of job Multiplier Labor $ Increase 01: Plans / Permits Plans / Permits $ 5,000 $ 5,500 10% 0% 10% $ 500 02: Demolition $ 5,000 $ 5,500 10% 0% 10% $ 500 03: Foundation $ 20,000 $ 22,000 10% 50% 10% $ 2,000 04: Roof / Gutters $ 17,000 $ 18,870 12% 50% 10% $ 1,870 05a: Exterior Paint Exterior Paint $ 7,000 $ 7,700 10% 50% 10% $ 700 05b: Siding $ 5,000 $ 5,500 10% 50% 10% $ 500 06: Windows $ 5,000 $ 5,500 10% 50% 10% $ 500 07: Garage $ 5,000 $ 5,500 10% 50% 10% $ 500 07b: Driveway $ 5,000 $ 5,500 10% 50% 10% $ 500 08: Framing $ 5,000 $ 9,500 170% 50% 10% $ 4,500 09: Finish Carpentry $ 5,000 $ 9,500 170% 50% 10% $ 4,500 10: Sheetrock / Insulation $ 20,000 $ 22,000 10% 50% 10% $ 2,000 11: Interior Paint Interior Paint $ 7,000 $ 7,700 10% 50% 10% $ 700 12a: Flooring (laminate) Flooring (laminate) $ 5,000 $ 5,500 10% 50% 10% $ 500 12b: Flooring (carpet) Flooring (carpet) $ 5,000 $ 5,500 10% 50% 10% $ 500 13: Kitchen All new cabs & countertops $ 7,000 $ 9,940 170% 20% 10% $ 2,940 14: Bathroom $ 5,000 $ 5,500 10% 50% 10% $ 500 15a: Plumbing Rough $ 7,000 $ 7,700 10% 50% 10% $ 700 15b: Plumbing Final Fixtures, water heater, garbage disposal, dishwasher $ 2,500 $ 2,750 10% 50% 10% $ 250 16a: Electrical Rough $ 7,000 $ 8,400 30% 50% 10% $ 1,400 16b: Electrical Final Fixtures $ 2,500 $ 3,000 30% 50% 10% $ 500 17: HVAC Work $ 5,000 $ 5,500 10% 50% 10% $ 500 18: Appliances Range, Garbage disposal, dishwasher $ 4,000 $ 4,400 10% 0% 10% $ 400 19a: Yard Cleanup $ 2,000 $ 2,200 10% 50% 10% $ 200 19b: Fence $ 5,000 $ 9,500 170% 50% 10% $ 4,500 20: Basement / Crawlspace Vapor barrier $ 3,000 $ 3,300 10% 50% 10% $ 300 Contingency Stuff happens $ 5,000 $ 5,500 10% 50% 10% $ 500 trash haul Final trash load $ 500 $ 550 10% 0% 10% $ 50 mow lawn $ 500 $ 550 10% 0% 10% $ 50 Staging $ 3,000 $ 3,300 10% 0% 10% $ 300 $ 180,000 $ 213,360 $ 33,360 16% Does this make sense?

Other simple things include grounding/reversed polarity of outlets (you can buy an outlet tester at Home Depot for $5), using foil-faced tape at furnace & water heater flue pipe connections, operable smoke/CO detectors, cracked/chipping/peeling paint if your applicant has children under the age of 6 (I think?)

Since I had moved out of my house and put my things in storage, I had some extra money coming in to hire someone to cold call for me.

Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent  Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?

Also read the MO Agreement of Sale483/16/2021Stone Cold Day493/17/202112:45 PM1:00 PMEmailed Tyson about the property on Dunnica that looks promising503/18/2021513/19/20217:50 PM8:05 PMSent Tyson an email about getting in to Dunnica and a house he sent over on California523/20/20218:05 AM8:20 AM533/21/20212:00 PM3:30 PMVisited 3400 Dunnica and two properties on Califormia543/22/20217:45 PM8:00 PMAdded a 10 year cash flow and CoC ROI column to my spreadsheet553/23/20217:05 PM7:20 PM563/24/2021573/25/20215:00 PM7:30 PMStL REI Happy Hour583/26/20216:05 PM6:20 PMFilled out most of a loan application with Flat Branch, but then got nervous I was actually applying for a loan as opposed to a getting a pre-approval593/27/2021603/28/202111:00 AM11:15 AMWalked through my spreadsheet with Tyson613/29/20217:50 PM8:05 PMSpoke with Jacob Day from Flat Branch lending and confirmed the application was just a pre-approval so I submitted.

Walk to the turquoise waters of the Atlantic Ocean or numerous boutiques nearby.