The home needs very little work, and was renovated already to be set up like an air bnb.

I added a new boiler, installed air conditioning mini splits, and refinished the original hardwood flooring throughout the house.

Additionally, I added a new boiler, installed air conditioning mini splits, and refinished the original hardwood flooring throughout the house.

I added a new roof, updated the electrical, added a new boiler, installed air conditioning, and refinished the original hardwood flooring throughout the house.

I was quoted 12-14k for new central heat and air which included all the duct work.

I also check the furnace air filter. 

In the case of the HVAC, I could replace the condenser this year (<$2500) and the air handler (also <$2500) next year.In the case of the roof I could replace the half of the roof that looks more deteriorated this year, and replace the rest next year (also <$2500 per year).

You create equity out of thin air (and a bunch of work, stress, money, and hassle).

This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?

I am currently on active duty Air Force living overseas in South Korea.