It's a great way to talk through your plans and goals for real estate with people that actually understand! 

Investment Info:Office Space commercial investment investment. 100's of completed projects, JC Beal Construction is nearly 100 years in business, Beal Properties manages well over 2000 doors all throughout Michigan and the Toledo, OH area.

Some situations where they (the projects) do not go the way of making the profit as you wanted, but there are still deals out there to be had.. 

Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.

Others recommend tools like Stessa or Buildium to track actual costs and project future expenses. 

Our initial goal has been to buy a property every time the Army relocates me (roughly every two years) and rent it out afterward.

I’m committed to keeping my options open and continuing to learn about being a landlord to ensure I’m well-prepared for my first purchase.To improve my ability to analyze deals, I’ve developed a two-part plan:Join a local BP meet-up group to discuss my goals and support others.Continue learning and engaging with the BP forum.Thank you again for your guidance—it’s truly appreciated!

You will also need to vet out contractors in the area to ensure you that they can stay on top of your project and will do what they say.

Plus, you’d probably reach your goals faster with that plan of attack if executed properly.

Since this is a new construction, I projected a low capex.