I always tell folks see what the house your buying looked like before it got rehabbed.. that's what your house is going to look like after its been a rental in that same area for 5 years sometimes less.. unless you mini rehab it every tenant turn over .. and if you mini rehab it every tenant turn over you will have no cash flow or negative.. that's just reality.. in the major metro areas in these areas.. 

If they can get a refi out then it is not much of an issue but if that is going to be a hurdle then implementing Example: "mini balloon" of xxx amount at year x then 2nd mini balloon at year xx, etc.

Because it's an attic, it's pretty cold up there in the winter, but I am planning on installing a mini-split. 

You could cut costs with mini splits. 

I went ac/heat mini split.

Got a 2 bed 1 bath property in California that has a AC unit in the living room and a wall heater (older home). Is it worth it to put an a minisplit (2 bedroom so 2 or 3 heads?) Or a full on hvac system with ducts. 

Lol wait a min.

Then look at mini-splits, which will help with the Winter heat too, then more window/bigger window/wall units, then lastly forced air.And NEVER give in to a tenant who threatens you. 

Look into putting mini splits, they are like a mix of a central unit and window unit.

Hello, 
I have been the VP of Operations, Director of Operations, Condo Division Manager and Property Manager for some of the largest companies in my area. Including smaller brokerages that I personally have grown to...