That goes out the window if I don’t have 6 months of reserves just to get financed right.

I got an email from Connected Investors soliciting their RE Investor platform.

I posted my rental ad on multiple platforms (zillow, trulia, zumper, craigslist, apartments.com) and set the rate about 10% higher than the market with the intention to lower it gradually and also my unit is freshly renovated and nicer than the comps.

In this scenario, we had to manage the float pretty tightly, as the bank would not release funds until stages were complete, thus no money upfront, however, in most cases we were able to use invoices for materials, etc that were on a short credit window to make it happen.   

Have the 3BR house put all the utilities in their name and then you reduce the rent to offset your average usage.It will only take one month of them keeping their home at 75 degrees in the middle of winter with their bedroom window open to make you regret 'including utilities' in the rent.

Hey thanks a lot …..I am new to using this platform so I’m still learning the ins and outs thanks for the tips! 

Thus, my hunch is the tenant broke the window.

Not sure the windows are up to code.

This is indeed an excellent platform for both new and seasoned investors.You will learnt a lot.

Added 2 bedrooms and a full bathroom, cut out egress windows, knocked down walls.