Furnished units mean:• Inventory lists• Damage disputes• Replacing couches and mattresses• More frequent refresh cyclesIt becomes closer to hospitality than traditional landlording.On refi strategy.Most lenders underwrite based on lease income, not whether the unit is furnished.

A 5% wind and hail deductible could end up being more than the cost of replacing your roof.

First thing I learned how to do was fly a single engine airplane.

I've got one of my own, spent hundreds of hours developing it, I only have to pay $0.22/lead plus the advertising costs.It's an Instant Cash Offer Engine, where visitors (from FB/Google ads) can get an instant cash offer for their property. 

For a 10-unit building built in 1940, expect to pay $200,000 to $350,000 for a complete rewire (Las Vegas numbers).Replace the interior plumbing.

It will be necessary to identify them properly as well so that they can be properly disposed of in your books if they are ever replaced, traded,sold or become obsolete.

Some tenants leave the place in great condition while others will require you to do paint, repairs/replace certain components.

That’s where most first-time developers get surprised - not because the deal was “bad,” but because approvals, utilities, environmental issues, or municipal politics stretched timelines and burned capital.In Upstate NY especially, relationships with zoning officials, planning boards, engineers, and utility providers matter as much as capital.

Most arbitrage problems start from misaligned expectations, not bad contract language.Templates can help, but they don’t replace clarity around control, maintenance responsibility, insurance, and exit terms.

Let me explain...Private lending is half of what I do - software engineering being the other.