I’ll plan to add a couple more properties to balance our risk and provide some additional cash flow.Thanks for the comments and suggestions everyone!

Definitely a balancing act between not over renovating and making sure you hit your target ARV.

Balance of about 157,000.

HeyI have been seeing something that seems weird to me, I see assets in tapes i get that are from a non judicial state, one that is also quite a quick foreclosure one, having a large legal balance on top of the UPB.For example an asset in Texas worth 70k (CMV a little bit higher) with the total legal balance being 110k.

Zero balance lease/life estate: the purchaser pays in advance for the right to occupy a unit for the duration of his/her lifetime.

I've been wanting to find the balance of improvements to retain residents & attract future quality interest.

Once they move out, do an inspection and itemize any expenses (damage, outstanding rent) and return the balance of the deposit. 

If nothing else, this year has forced them to take a sober look at their household balance sheets and realistically plan their retirements. 

So I'm just about to sign a contract with a PM company and noticed a sentence in their terms that says: " IN THE EVENT OF ANY TERMINATION BY THE OWNER, OR EXPIRATION OF THIS AGREEMENT, BROKER SHALL RECEIVE THE BALANCE OF ANY MANAGEMENT FEES DUE UNDER EXISTING OR LEASES THE TENANT RENEWS." 

@Kevin Mitchell we have a small balance multifamily bridge loan product available.