A 3–5 gallon tank heater is cheap, tough, and works every timeThe small tanks:✔ Use very little power✔ Plug into standard 120v or small 240v✔ Cost $150–$250✔ Are easy to replace✔ Heat water fast✔ Require no fancy wiring✔ Don’t care about flow rate swingsEven though they keep water hot all day, the total kWh usage is tiny because the water mass is so small.For sporadic sink usage, the cost difference on your electric bill is negligible.5.

Target deals relatively low in purchase price (by Westchester standards < $700K) and high income potential (i.e. high bedroom count, large interior sq ft, ADU, etc.). 

Any help/direction on this is helpful.Jeff My suggestion would be to use a standard Wisconsin lease from Wisconsin Legal Blank and then have the tenant sign any additional addendums you create on your own

I am looking at a seller finance deal but am trying to have the loan amortize at an even split between principal and interest, rather than the standard bank amortization.

.• The money I lend comes from reputable wholesale lenders and banks I’m approved with — all underwritten through standard agency or investor guidelines.• For down payment assistance, those are generally limited to owner-occupied deals — happy to run through what’s available if you plan to live in one of the units.• To start, I’d just need some basic info about your goals, income, credit, and property type — we can figure out the best fit from there.• Pre-approvals usually take 24 hours or less once I have the necessary info.• Yes, I have rate lock programs available through several of my lenders.• I can absolutely share references and reviews from clients, including some who are active here on BiggerPockets.• And yes, I regularly connect clients with investor-friendly agents, property managers, and insurance pros in the area.If you’d like, we can set up a quick call or Zoom to talk through what you’re looking for and get you pre-approved.– David Stephens

Not advertising a deal, just trying to understand what “market” looks like.Hypothetical (but based on a real situation):- Location: Central Los Angeles, Jefferson Park–type area- Asset: Existing 4-unit multifamily on a single parcel- Context: Within walking distance (~0.5 miles) of an E Line / K Line rail station, so it appears to fall into a transit-oriented development (TOD) pocket that should benefit from SB 79 upzoning (higher minimum density / height / FAR if standards are met)- Ownership: Held in a family trust tied to a probate / conservatorship, with a court-supervised mandate to (a) preserve the asset and (b) use it to support an elderly beneficiaryThe family side can realistically contribute **land only**; they don’t have the balance sheet or cash to run a full entitlement + construction process.

Well, if you buy & renovate a property in Class D area to Class A standards, what Tenant Class will actually rent it?

The property should still cash flow after accounting for realistic vacancy and turn over expense, professional management, and  utilizing licensed, insured vendors.If a property doesn’t meet these standards, the cost of learning will be high.

just look at virtually any large forum’s advanced search capability to see what 2020s standards for advanced search capability are.  

How much importance are you placing on speed of funding and flexibility, vs. yield and underwriting standards?