Standardize your file naming conventions so you rarely have to open the document.EXAMPLE: yyyy-mm-dd Main_W_123 (HomeDepot) Faucet $xx.xxSorting by year, then month, then day is most logical:)Putting streetname 1st then stree number is easier for our brains to recognize.Create a few folders under each property: Utilities, Repairs, Title, etc.Create a single spreadsheet with different tabs for each property where you enter each receipt.

No, but I would simply utilize the clause in my lease that allows me to cancel the lease with 30 days written notice for any reason at any time.

How have you structured leases and managed utilities/expenses?

Terrell raw land on the 80 corridor has been trading anywhere from $35k-80k per acre depending on how close you are to utilities and zoning.

When projects run longer than expected or properties sit just a little longer, financing costs quietly add up and eat into profits fast.Those extra months of interest, taxes, insurance, and utilities don’t seem like much individually, but together they can make a solid flip feel tight.

Any issues with permits, utilities hookups, insurance, septic, etc.? 

If you are considering the referral it is essential to request case studies or get in touch with other real estate investors who have utilized their services lately.

Most utilize thinly disguised “knowledge” postings, trying to appear as if either providing knowledge on a topic or asking for advice, opinions, etc.

She pays $635 a month (utilities seperate) and the assessors' comps for the area show that market rent is ~$1,200.

Great job negotiating that price down, the garage conversion is likely the exact reason this has sat for a year.In many markets,(not mine) you actually lose value with a conversion because you've traded high-utility space (parking/storage) for low-quality living space that often feels like an afterthought.