Out of State Rehab- what to do?
I purchased an occupied rental in Indiana in February. The lease is up at the end of August and the tenants are moving out. The original plan was to go to Indiana and rehab the property ourselves. But then you know what happened...COVID!
The house has to be updated. I bought it cheap knowing it would rent much higher with some improvements. This is the first investment house I have had to do any improvements to. I own one other that came in pristine condition.
We live in Maine. I have a property manager whose team will do the rehab. But I am always wary of what other people will decide in my absence. Do I get multiple bids on the rehab? Do I just go and stick to the original plan? Any suggestions??