Building our PM company has been the most rewarding experience of my career. 

Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.Hey thanks for your reply!

Ok, so I see this might have been a design flaw in the original build so there isn't much you can do unless you rip it all out.You could have it all scoped and see what's what so you can get an idea of what you are dealing with.You could comp the guests a night.

At R&H Capital, we’re always looking to connect with other investors, share insights, and collaborate on new opportunities.I’m excited to be here in the BiggerPockets community, where I hope to learn from fellow investors, share my experiences, and build meaningful relationships to grow our real estate ventures.

How do you know that a contractor is any good?

In the multi unit buildings I put on lease "Each tenant shares responsibility for removing snow and salting on both walkways and sidewalk infront of property" and I have them initial before we execute lease.

If you'd ask this question while still employed I'd say apply the $8500 toward knocking down the debt quicker but since that is not the case I would build up your reserves to about 6 months then begin applying those funds to bring down the debt. 

They’re ideal for those building portfolios, as they don’t require extensive personal financial documentation.A key tip is to ensure the property’s cash flow comfortably exceeds the lender’s DSCR requirement (typically 1.25x or higher).

I have decided that I don't want to build a real estate empire but rather generate that cashflow from as few properties as possible. 

After many years of listening to BP/Real Estate Podcasts, reading, and building up my finances, I believe there’s no better time than now to finally jump into the real estate world.