I want to learn how to do this the right way, without coming across as overly focused on profits.If you have any tips or experiences to share, I’d be incredibly grateful.

If anyone has experience with furnished LTRs, I’d greatly appreciate your insights or tips!

Any tips on managing joint ownership or deciding to hold or sell would be greatly appreciated. 

Great resource for advertising your property, but not so great for screening. 

Purchase price: $86,000 Cash invested: $2,500 After being done with Rich Dad, Poor Dad, several podcasts (including bigger pockets), and other resources we were desperate to take action.

But it can be impossible for others who just don’t have those resources.

We are General Contractors and part of why my cost for the conversion is so low is because we have the resources to pay at cost and the property is located in a county with lower labor costs than other parts of California.

@Nevin WilkieGreat tips from @Matthew Becker.

Class D is mostly rentals (another tip to look at owner occupied stats and/or if the neighborhood is identified for revitalization), the tenants are outside smoking, they are talking to neighbors and solicitors, it is a completely different vibe that is pretty noticeable just driving through.

what resources do you use most when sourcing furniture and/or renovation materials etc.?