Full Paint walls/ceilings (2 coats) 1 $400.00 Refinish kitchen cabinets 1 $100.00 Replace all blinds 1 $180.00 Replace two light bulbs 1 $30.00 Touch up paint tub 1 $60.00 Replace shower rod 1 $30.00 Replace liv room screen/re screen sliding door 1 $120.00 Repair closet doors 1 $120.00 Bathroom sink replacement 1 $350.00 Full clean unit 1 $410.00 Notes: Subtotal $1,800.00 CA recently (this year) implemented very strict security deposit laws.  

Make the minimum lease to be almost 1.5 year to end sometime in late spring, so if they move out, you can do touch ups & get back on the market.There has been a lot of slowdown due to the government shutdown & layoffs locally, impacting those higher price range rentals.The management company comparison also is great, because you get what you pay for.

Hey James, just keep track of everyone who reached out or made an offer, and stay in touch if you sense the deal might fall out of contract.

Would love your feedback.Property OverviewAddress: 1033 37th Street, Ogden, UTDuplex (Up/Down) – Each unit 3 bed / 1 bathPurchase Price: $590,000 (about $20–30K over market)Down Payment: $65K (~11%)Financing: Assumed loan + seller carryBlended Rate: ~3.4%Condition: Turnkey, fully rentedHold Goal: 10 yearsRents and FinancingCurrent Rent: $2,965 total ($1,245 lower / $1,720 upper)Market Rent Potential: ~$3,300 totalAll-In Payment (PITI + Seller Note): $2,271/monthCash Flow: +$100/month now → +$400+ at marketFinancing Details:1st Loan (SPS): $237,879 @ 6.5% (~26 yrs left, assumed)2nd Seller Carry: $287,121 @ 0.75% interest-only (7 yrs, extendable to 10 and definitely am going to be doing that)Two separate notes → can refinance the first later without touching the carry.Note: Taxes and insurance are already included in the SPS payment.

Touch.

I’ve also been researching DSCR loans but the rates and prepay penalties are a bit intimidating. if you are available for a call to talk through potentials and maybe exit strategies when considering the various options that would be great.thanks anthony2023209903Quote from @Mohammed Rahman: Hey Anthony, sounds like you guys are sitting on a great opportunity — and I get why you definitely don’t want to touch that 3.25% rate in this environment.

Personally I would keep the starter home but not touch the equity to up size your house.

Here’s the play:Price: set a walk‑away number, then use an escalation with a cap tied to comps and in‑place rents; pair it with an appraisal‑gap limited to what you can comfortably cover.Terms: bigger EMD, short inspection period not waived, but prebook inspector and key specialists; ask for seller disclosures up front and use inspection to negotiate only for health/safety or structural.Lender: include DU/LP or pre‑underwrite letter, fund your reserves, and show shorter close with an ordered appraisal slot.Search: add adjacent submarkets with similar tenant bases where days‑on‑market are a touch longer; have your agent call the listing agent before writing to learn hot buttons and tailor.

Hey Marisa, I’d recommend getting in touch with an eviction attorney as soon as possible to make sure you’re following the correct legal process and protecting yourself.

Somewhere around April we will have enough saved to jump into our next deal.We are looking to get in touch with local groups and start building a team.