No point analyzing a deal if the fundamentals don’t line up.Your extended list hits basically everything I’ve been paying attention to lately.

Hi @Maya Jones, It sounds like you’re dealing with two separate issues: what you're actually responsible for, and what the tenant is trying to push onto you.Electrical issues that cause tripping or shorting are typically a landlord responsibility because they fall under basic habitability and safety.

Quote from @Shakur Granger: Hey Charlotte, I definitely get what you’re saying North Carolina’s due diligence system feels backwards at first, especially if you’re coming from a state like Florida.You’re right: the DD money is basically “free money” to the seller, which makes you feel like you’re taking all the risk upfront.Here’s the thing though  the leverage isn’t gone, it just happens before you write the offer, not after:1️⃣ You control how much DD you offer.If the house looks questionable or has missing disclosures, you absolutely don’t have to throw big DD at it.

If you’d like, we can also hop on a quick call and I can walk you through the basics.

We basically took it down to the walls and everything is new.

I am excited about trying the calculators on this site to help me with numbers.Well, if you have the basics put together, let us know the areas you are considering and the price point so if any one has one available, they can speak up. 

I'd recommend making sure you got the basics down and get good at running your numbers.

His basic guidelines are $500k in liquid assets, paid off primary home, and more than 1 source of income (real estate, part time work, social security if you are old enough, etc.).

But my best guess right now is that conservatively, ths house should go for at least $850k with basic rehab done.  

The key is specialization, not geography.When you’re interviewing CPAs, ask them this very basic question:“How do you handle taxes and accounting differently for real estate agents versus real estate investors?”