For a low end rental, using vinyl floor, basic (read: cheap) materials and fixtures, and a lowere grade of workmanship/finish, you could have probably done it for 3-4k.

You may be in the right ballpark with $510K.Rental grade carpet, installed, in a 2100 ft. house is probably $3-4K.

I was talking to a friend the other day and we both agreed that personal finance/investments should be a required course for every kid from 9th-12th grade.

I consider myself lucky that I got my college degree in high school teaching because that style of discipline and calling bluffs is what I seem to have to employ often with tenantsI think a degree in grade school or pre-school teaching would be more appropriate for dealing with tenants.Mike

Limited exclusive parking for business.Sits on a busy metropolitan street (1 lane).Gross bldg sqft: 7800 sqft4 of the units rehabbed with builder grade kitchens, carpets within last 4 years. 2 units will need similar work (~4k/unit).Potential capital expenses: 1 of the flat roofs is 10-15yr old.

We train, train, train and then train some more on how to always be better at the details than anyone else.We also hold ourselves accountable.We have secret shopper calls weekly where we are calling our rental teams and our property management teams to grade them on how we are treating potential residents and current residents in need. 

@Drew Eldridge Oncology Pharmacy technician at Keesler AFB Biloxi MS.

I have read look at markets where you have family or friends but my entire family and friends all live in NYC.I also have read look into markets such as memphis and OH. i was wondering where you guys are investing for 4plex or above or if you guys have any guidance for someone in the 500k budget, and if there are any brokers that have any good listings oos feel free to contact me . thanks again everyone If you're looking into the Cleveland market I'd check out The Ultimate Guide to Grading Cleveland Neighborhoods for an overview of the different neighborhoods we have here.

ATLANTA                                                                 Overall Grade: B+ Population: A+ Stability: B+ Talent: B Location: C+ AUSTIN Overall Grade: A- Population: A+ Stability: B+ Talent: B Location: A BOSTON Overall Grade: B+ Population: A+ Stability: B Talent: A- Location: C CHICAGO Overall Grade: B- Population: A+ Stability: D- Talent: B- Location: B COLUMBUS, OHIO Overall Grade: B Population: A+ Stability: C- Talent: B- Location: B+ DALLAS Overall Grade: A- Population: A+ Stability: B+ Talent: B Location: A DENVER Overall Grade: B+ Population: A+ Stability: B+ Talent: A- Location: B- INDIANAPOLIS                                                      Overall Grade: B Population: A+ Stability: B+ Talent: D+ Location: B LOS ANGELES Overall Grade: B Population: A+ Stability: C Talent: B+ Location: C+ MIAMI Overall Grade: B+ Population: A+ Stability: B+ Talent: C+ Location: B+ MONTGOMERY , MARYLAND Overall Grade: B- Population: A+ Stability: C Talent: B- Location: C- NASHVILLE Overall Grade: B+ Population: A+ Stability: A- Talent: C- Location: B+ NEW YORK Overall Grade: B- Population: A+ Stability: D+ Talent: B- Location: B- NEWARK, NEW JERSEY Overall Grade: C+ Population: A+ Stability: D Talent: B- Location: D NORTHERN VIRGINIA Overall Grade: B+ Population: A+ Stability: B+ Talent: A- Location: B- PHILADELPHIA Overall Grade: B- Population: A+ Stability: C- Talent: B- Location: B- PITTSBURGH Overall Grade: B- Population: A+ Stability: C- Talent: B- Location: B- RALEIGH, NORTH CAROLINA Overall Grade: B Population:A+ Stability: B+ Talent: B Location: C+ TORONTO Overall Grade: B- Population: A+ Stability: C- Talent: C+ Location: C+ WASHINGTON, D.C.

Last week I had the "swamp" in the backyard graded and turned into a concrete parking pad for much needed offstreet parking.