Annual Maintenance & RepairsA typical SFR requires 1–2% of property value per year for routine upkeep:1 % → ~$2,900/year2 % → ~$5,800/yearFor a 2,300 sq ft house in Alabama, you can also budget $1.00–$1.50 per sq ft, or:$2,300–$3,450/yearRecommended starting point: $3,000–$4,000 annually, covering HVAC tune-ups, landscaping, minor fixes, and seasonal needs.🛠 3.

“Using AI as a tool, not a crutch” is more than just a catchphrase—it’s a philosophy for maintaining cognitive strength while leveraging the benefits of automation.The Power of Cognitive OffloadingAI excels at cognitive offloading—the process of delegating routine mental tasks to an external system.

We opened a new 3D/4D women’s imaging center on 6/27 with cash.Nothing too fancy or daring. 

FYI: despite all this, tenants routinely try to call or text us requests, which we respond to the first 3 times that they must follow our requirements or we will not acknowledge their request.

You'll get a fancy report and you can easily adjust the numbers to see how this deal could be better or worse.

Letting the tenant know their deposit (if applicable) is at risk—or that further legal action for damages is an option—might influence how they treat the place on the way out.Inspections and Documentation – If legally allowed in your area, perform routine checks and document the property condition.

House Duplex: 1900sq 3bd, 3ba house800 sqft 1bd, 1ba aptYr built: 1960Tried to sell for $225k since Apr - Potential to force value though renovations- no upgrades made since 1960- all required make-ready repairs are mx… not value-add- plan is to buy-and-hold, these repairs would be needed eventually… might as well get them done now Financials Sale price: $199kInterest: 8%Down Payment: ~$40k (20%)Closing costs: $12kMake-ready repairs: ~$10kCash flow: $200/month - still cash flows at 8% interest- Cash reserves available for unexpected breaks; paying mortgage myself- Must receive combined $2700/month to break even Seller contributions $2k towards closing$10k towards repairsHVAC routine mx$1k Flood insurance renewal $250 termite inspection$125 foundation warranty transfer fee - Extremely motivated old lady… but she’s basically at the end of her rope… nothing left to give- So many repairs and basic maintenance needed, even at this price w/ seller concessions… might not be a good deal Location Donaldsonville, LA~1000 personnel; 500 are contract/temp at any one time~600 employees at Shell in Geismer (~30 min away)1hr from New Orleans45 min from Baton RougeMarch 2025 – final confirmation of Hyundai steel factory- $5.8B investment; first north American electric arc furnace (EAF) – groundbreaking Q3 2026 - Potential for property values to increase soon- New/more people expected to enter area- Small town – not much new construction & limited inventory: potential high demand for rentals- Hard to trust anything in current economic conditions… something could go wrong/be cancelled between now and Q3 2026 General mx General Handyman tasks = $2kDoor trim/adjustmentReplace rooftop vents with thimblesFix ceiling fan (counterweight)Add smoke/carbon monoxide detectorsAdd gutters = $2kTrim 2x large trees overhanging roof = $2k - Seller unwilling to perform any of these- My $10-20k is going towards repairs instead of renovations/upgrades- “don’t know what we don’t know” – will likely find more things as maintenance is performed Plumbing Inspection revealed cracks in original cast iron and terracotta pipes: $22k to reline all; $8k for cast iron only (from only 1 bid) - Not an emergency *yet*; can defer though not a good idea - people think the $22k quote is way too high (2 realtors, 1 contractor) Electrical Replace cloth and rubber-covered wiring = $11k - Seller contribution of $10k towards repairs mostly covers this- MUST be replaced- $11k only covers cost of rewiring – not drywall or panel replacement should they have to cut through walls HVAC (additional HVAC mx, if needed = $1.5k)Add attic insulation = $2k - Seller performing basic mx- Both units are old and neither uses EPA-approved refrigerants allowed today. - One is a 2-ton and the other a 4-ton – likely looking at $16k to replace both if they break- Attic needs an additional ~7in of insulation added; without it the HVACs are working harder than necessary – shortening lifespan but insulation will cost $2-8k Foundation Foundation inspection (same people that inserted foundation pillars for $8k suggested adding 8 more pillars for $15k) - Basically every home in Louisiana has foundation issues… it’s a swamp- General inspection report doesn’t think it looks bad- Mx can be deferred- Current foundation warranty exists for life of structure- Costly to add additional piling support to remainder of house

I don’t have a portfolio or a fancy LLC.

We are in the long- term business and routinely get calls from owners of under-performing STR's.

.✅ Exit Strategy – Explain how you plan to repay them: flip and sell, BRRRR refinance, etc.It doesn’t need to be fancy — just clear, organized, and confident.