@Daniel DeBruin, this is really all market dependent and how much you want to spend versus how much it will impact both the rent you can achieve as well as the quality of tenants it attracts.When it comes to design, it is all a bit personal opinion, but I will say: contiguous flooring always trumps mismatched, hodge podge flooring.  

My recommendation would be to partner with Realtor for referrals so you can spend your time on what you do best.Either way, with your criteria being so specific, you'll likely end up with quality leads and an additional income source!

Traditional mortgage, DSCR loan, brrr method?

Schedule a final inspection to ensure quality standards are met.Each of these sections would come with an estimated timeline, budget, and list of materials required, making it easy to track progress and expenses during the project.

Since you’re renting out partially, a common method is to use the square footage of the rented areas relative to the total property space.

In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.

You can use any reasonable method to prove your participation in an activity for the year.

It can be very hard to find quality tenants from around Halloween through Januaryish IME. 

With a team, even if you’re paying salaries or commissions, you could close 25 deals a month.From there, increase your marketing, improve your SEO, and keep spending money to make (far more) than you spend.Keep scaling and tweaking until one day, you realize a steady stream of leads is coming in through your SEO efforts.At that point, you can turn off your paid marketing and enjoy the highest-quality leads for free—without lifting a finger.Let me know if you have any concerns or questions!

The condo includes high-quality granite countertops, custom cabinetry and wood floors.