After the remodel we are back to 0 cash.

- Residential purchases, remodel/repairs, and re-sale (flips).

I learned that there are great opportunities to purchase low maintenance, fully remodeled homes in places where there are high quality management teams in place that can produce nearly passive income.

I started 6 years ago with my first remodel and after 6 years, I am listing my first custom home build that is just about 4,000 sq ft.

Location and simplicity of the remodel.

It needed a kitchen and bath remodel, flooring and paint throughout, deck repair and staining, and some electrical and siding work.

The AIO is our only debt on the property and is in our personal name (not an LLC) as a requirement of the loan.We are looking to do an extensive addition/remodel on our personal home, and given current rates, we are considering using the AIO loan to help pay for it. 

Projects in this price range are our bread and butter -- custom builds, whole house remodels and additions. 

It's a good thing I'll be able to adjust rents up however, because operating expenses have gone way up also thanks to steeply increasing property taxes, insurance, utilities, lawn care, snow removal, appliances, hiring anyone to do anything, materials, price per square foot to remodel, etc. all goods and services have gone way up.  

The house was newly remodeled so I don't expect there to be any maintenance issues for a while.