Sometimes important items get missed, such as cost segregation studies not being applied correctly or deductions being miscategorized, which can result in thousands of dollars being saved or lost.That’s why it’s always important to make sure the professionals you work with share your goals and understand your strategy.

Pay attention to the condition of the big ticket items like the roof, furnaces, and windows, and lastly check if they’re separately metered.

As far as his office equipment, he should carry a policy (renters) or some sort of business policy to cover their items. 

You just need to bring you personal items, clothes and groceries; everything else is there.

However, you may want to see if the item can be a start-up cost or added to basis of a future deal you get into.

We have a rubric that we use for the background check, LL feedback, rental history and income into that gives us an up or down or if someone is borderline then we employ risk mitigation items like double deposit, or LEAP policy. 

Before you buy anything you need to spend a ton of time before offering and during your inspection period figuring out all your expenses, deferred maintenance, and future maintenance items as best as you can.

Let them tell you what to tweak now so you’re financeable later.Sequence the inevitable upgrades (sub-metering, life-safety) early so you’re not paying twice—those items help with both current financing and future conversion.When does conversion not pencil?

Return:DIY the cosmetic or value-add items such as paint, landscaping, and fixtures.Budget for licensed pros on structural, plumbing, or electrical.Always compare current rents versus after-reno rents to make sure the numbers justify your sweat equity.If you’d like, I’m based here in Georgia and work with investors on multifamily and house hack deals regularly.

I would not go into thinking it needs 150-240K I would get a quote from a few contractors, or licensed subs to say it's going to take X to get these items done.