Here the more bedrooms the better so if you can fit 3 that’s great but the city or county you’re in may limit you to 2 depending on size allowed plus if you’re on city water and sewer vs septic that may play a factor as well because they may require a separate septic system which is $$$.

For example, often fire damage is water damage--they put the red stuff out with wet stuff.

We overheard the tenant telling someone that the water wasn't working.

I’m expecting to receive an inspection report later tonight but based on my conversation with the inspector there are a few concerns including water leaks in a couple of the units.In the purchase agreement, one of the sellers terms was that the property “ is sold as is, and as disclosure condition.

He was able to successfully snake the main drain going into the alley while I shop vacced up the water the best I could (had to empty my vacuum 7-8 times).I borrowed a huge fan from a friend and rented a carpet drying fan from Home Depot.

If the property was renovated top-to-bottom four years ago, you would be safe with a small reserve whereas an old home may need a new roof and boiler and water heater and windows in the next 5 years.Personally, I have 22 units and keep around $15,000 in cash.

The online training doesn’t actually teach you how to be successful in real estate-it teaches you how to avoid getting in hot water with the regulators.

Pass on Water and Sewer onto the tenants to minimize your costs. 

I learned soo many things on how the whole process goes from permits contractors watching budget scheduling and even water main taps and sewer issues.

Is it really water resistant for a bathroom or a kitchen?