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We have seen the opposite - is the rest of the home designed and furnished well?

You can't go off of the cost estimate on permits and even beyond that, design, site work and a number of other factors will play a significant role in costs.

Purchased, rehabbed, designed, and furnished 5 bed 3 bath in AZ completely remotely.

This certainly isn’t designed to be all-encompassing but maybe with some good luck and hard work you will have a great partner for years to come.

Lucky enough to belong to an incredible network in Denver (CO) but as we add operations, properties and an arm of our design business down here I am itching to join something similar!

Hoping to design and start cluster home buildout in 2025 Lessons learned?

The company that I've hired to do my direct mail does that very similar method with an envelope close to that size with a customized design on it.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

With the obvious downside that it is a more risky approach, especially if you are not familiar with remodeling, design, appraisals, remodel costs, holding costs etc.