I think basements as additional living space - assuming the basement is finished nicely, has egress, is free of radon, and is professionally waterproofed - are great ideas.However, we've had low success rates leasing even semi-below-grade apartments.

Always nice to see a fellow Marine on here.

Right now we're trying out this, which has a pretty nice user dashboard but a little more expensive https://theletterpilot.com/services/send-mail-online

Nice to meet you virtually.

Bruce I think it depends on what level your at and price points.. with high price properties 3% list side can be 20 to 50k and its nice having that in your pocket to further negotiations I am used it to my benefit for decades now and I have not sold retail RE in probably 20 years .

All lots are located in a very nice Golf Country Club community and are Build-Ready Lots. 

Separate “must-do for safety/function” from “nice-to-have to increase ARV.”For BRRRR, the only things that must be done upfront are the items an appraiser, inspector, or tenant would flag as functional or safety issues, plumbing, electrical, bathroom addition, paint, etc.

Its nice to meet you!

If they’ve been a headache for the current owner, you’re just inheriting that mess.Third — just make sure the numbers work for you, not just “the duplex looks nice.”Even with tenants in place, you need to know what your:MortgageTaxesInsuranceRepairsVacancyAnd (possibly) management would look like.A lot of new investors skip this part and find out later the “good deal” barely breaks even.

Purchase price: $20,000 Cash invested: $50,000 Sale price: $95,000 Purchased with family with the intent to make it a nice duplex and rent it out.