I could pay for the roof or the owner will pay with a price adjustment. 203k is available too.Conventional loan will alow the roof but, I also hear they have a roof program (like a 203k) with lower rates compared to a 203k.

Hey BPers, I’ve got another question for you all.

I’ve been working through educating myself more and more on how to use comps to determine FMV and ARV, and I think from face value i understand comparing all the bone...

My mom on the other side of the family has expressed interest and I was thinking about crafting a deal that satisfies al parties involved, starting with my grandmother (finding out what she wants from the transaction), then to myself (leveraging the data given to me to craft an offer), then to my mother (finding out what works for her and adjusting accordingly).  

Then make an adjustment for any natural appreciation that has occurred since those comps sold.

For investors who bill back, what billing methodology do you use and what corresponding regulation do you have to follow (certified DS1 water system operator on staff, monthly sampling programs, annual CCRs, rate tarriffs, etc.)?

Knowing he was likely to deploy, we made adjustments to his lease to extend it 15 months so he can get settled and work on finding a new rental or buying a home (HOA doesn’t allow 3 vehicles or use of a 3rd parking stall, so once we’re all back, we work with management to get extended parking passes until we find a solution/park on the street or they find a new place for rent).

You need to adjust expectations to what the market gives us today, not what the market gave us 10 years ago.

In April 2020, condominium sales on a seasonally adjusted basis fell to 390,000 units, a 26.4% decline compared to the prior month.

So NOI of 80,000 in 15 years with inflation might be 55,000 to 60,000 in adjusted dollars.

The further along we go into this cycle the more expensive properties get, so I've had to adjust my investment locations.