@Blaise Bevilacqua - I agree with the added expense items that others have called out including vacancy, repairs/maintenance, capex, unit turns, and low insurance.

And I don’t know if they’ve ever given up a power they took or a fee they’ve imposed. 

Hey @Alec Dressler, so this is something I would probably avoid.

This means no DTI, personal income verification, or tax returns are required.They’re also becoming a powerful tool for BRRRR investors during the refinance stage.

From my experience, you can use that savings to house hack with an FHA loan, invest in a turnkey property in a more affordable market, or even partner with others to expand your purchasing power.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

It sounds like you might have some great insights or connections & I’d love to explore how we could work together or share resources to make impactful deals happen.Let me know if you’d like to hop on a call or chat further—I’m excited to see how we can collaborate now or in the future.

You can also check out a group on Facebook with other investor like your self called Yellowbird.

Right now the only utility at the garage is power so basically I am starting with a frame and a roof. 

Lets say for argument sake, that I rent out one unit long term for $2000 monthly unfurnished, the other unit, I live in so I only rent out one room for $1000 all bills paid.