Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

I’ve seen investors skip steps that end up costing them later. Here are mistakes I often see:

Not verifying borrower payment history

Skipping a title check

Ignoring property condition

Miscalculatin...

Would love to discuss the kinds of profit splits and preferred returns that work for you. 

I’m researching current lending trends for investors across different states.
What LTV, points, and interest rates are you seeing right now?
Curious about the variations based on project type and location.

Tenants should definitely not use common areas to store stuff or use the common area electrical.Document everything via email about notices, and just do everything politely and with respect.

The people who do best with it are the ones who set very clear expectations upfront and protect common areas like it is their job. 

I have my eye on other spots in Idaho, though prices have kept me away ($200k per 1/2 acre in more common destinations)!

But it'll depend on how much money you want to spend on that kind of stuff.

Since both units are on month-to-month leases, you actually have plenty of flexibility because the seller (or you after closing) only needs to give 30-day written notice to one of the tenants.In my market here in Idaho, it’s very common for sellers to leave the tenants in place and let the buyer handle the notice.

I’ve been working in lead generation and data research for the real estate space for about 10 years, and I’m curious to learn from investors here —What kind of property data or insights do you find most helpful before deciding to go after a deal?