Investment Info:Single-family residence buy & hold investment in North Little Rock. 2021: new metal roof, painted the interior and exterior, sanded and painted the kitchen cabinets, and installed a new furnace.2024: New new vinyl plank flooring and carpet were installed throughout the home, all of the electrical outlets were replaced, and the A/C condenser and compressor were replaced.This property is currently listed for sale!

Most of the time when an investor asks me to help underwrite a property with less than $1,200/month rent coming in per door, they have a couple hundred coming in per month positive cash flow on their spreadsheet and I have a couple hundred negative on mine.

Some cases we are doing light renovations such as adding new kitchen cabinets and granite countertops.

If you are looking for standard finishes/cabinets - amazon/wayfair/HD/lowes has plenty of choices.

Buying a duplex may offset living expenses, and may be a few hundred dollars cheaper than renting.

It has cabinets that are original, 45 years old.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

In the future, I'd like to update the cabinets and baseboard heaters.

I see so many doing absolute trash listings, with these photos of a wall, a cabinet, a door way.

I didn't expect to see these results before cracking open hundreds of recorded documents.