OKC (I always pick on this market) I might use 1-1.5% a year.Renovation Scope & Budget:Break down the renovation budget per unit and scope of work.Identify whether renovations are light ($5-10k per unit) or comprehensive ($15k+ per unit).

My gf wants to pivot and rent the house while we live in the condo, but my brother is not educated and is afraid of being a landlord.

We take ethics classes, and continuing education classes, and constant training to stay up to date with rule changes. 

I highly recommend reading the BP books for self-education and house hacking a 2-4 unit property for your first deal.

We are looking at what's next and want to absorb all the information we can to make the most educated decision on our moves.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

The concepts are the same with BTC, you just need to educate and understand your options.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Education, financial stability, strategy definition, team building, and thorough property search are essential.

Also you may know me for my educational events and mentoring programs and as I  have mentored some of the most successful apartment syndicators out there...