Pay the line of credit and then you'll have more leftover to buy more. 

I used to think the same thing.But after working with a lot of new investors, here’s the pattern I keep seeing:The people who grow the fastest are the ones who get their foundation right before they buy anything.I’m talking about simple stuff like:Opening separate bank accountsKeeping clean records from day oneUnderstanding how income and expenses actually flowGetting a basic system for tracking your numbersYou don’t need to be an expert.

have you had the ductwork cleaned?

Rehab is always tracked as its own cost centerLabor, materials, subcontractors, permits, all separate line items.

Not classy on the tenants part and they've otherwise been pretty good tenants.Trying to protect my downside in case they don't actually move out at the end of October (although I did get a landlord reference email weeks ago so I believe it's legit they're moving out), also not wanting an upset tenant to trash the unit on their way out being spiteful... trying to walk the line here.

Over time, as you document more deals with solid numbers and good financial organization, you’ll find that doors open more easily with both private and hard money lenders.Keeping clean, well organized books for each property goes a long way toward building that credibility.

Line up funding before demo by securing a hard money term sheet and one private lender, build a simple scope focused on safety and rent/value drivers, and hire a vetted GC with milestone draws and lien waivers.

Maybe go visit them and see what they have to offer interior and exterior, as well as age of the units, as well as grounds keeping, as well as parking lot condition (Alligator with potholes, slurried, fresh black top with new paint lines).

For rentals or flips, they’re usually a band-aid that starts peeling, chipping, or yellowing within a year, especially around grout lines.

Should have it cleaned out today.