But, it is a consistent observation that's about what they work out to be.What's your data?

I would remind her of the rule and ask her to either observe the rule or pay an additional $XX to cover the extra utility cost.

I wanted to put the property into an LLC or Corp to limit liabilities once converted into a short term rental and wanted to retain to retain the 121 exclusion benefit. there is probably $350k+ of potential capital gains on the property. 

And I retain control of everything that matters and that I want/need control of. 

While opting for a smaller loan and retaining more capital in the deal can enhance your cash flow by reducing mortgage payments, it may also impede your ability to quickly expand your portfolio.Good luck on your journey, 

Although nightly rates have decreased due to the significant inventory delivered this year, among other factors, it is important to consider the rising monthly booking demand, which can be observed on Airdna under Occupancy - Booking demand.

Lessee shall be entitled to possession of such property on the 2nd day of June, 2021, and may retain such possession as long as Lessee is not in default under the terms of the Agreement in accordance with applicable state laws.

Some of the bigger issues like why they’re hiding the basement and the state of the electricity will be uncovered and dissected during the inspection period.As for everything else, I would be more than fine putting another 10k and finishing the bathroom, supplying appliances, and touching up the rest of the house.The way I look at it - I’m then still getting a 50k house that’s better than many of the $85k houses in Warren just one mile north, while the rent is only $100 or so less per month.So even with the flaws and observations you keenly pointed out, it doesn’t dissuade me at all, barring major issues that I wouldn’t know about until inspection.  

My observation with your work and family is that you probably don't have a lot of time to also then be spending overseeing or managing properties or property managers.

My wife and I are implementing a buy and hold strategy, however, we have considered a 1039 exchange within the next 4-5 years for an apartment building or a large multifamily property which is why I concern myself with the potential value impact of tearing out the asphalt.My thoughts are that since the southern driveway which is in terrible condition, opens up to a dirt road, and the other houses on that dirt road have gravel driveways, that I could rip out the asphalt on that side of the house, replace with gravel, and it would blend in with the houses behind me.Does that sound logical or would it still be of concern to add gravel when the rest of the neighborhood (excluding the houses behind me) retains asphalt.