Congrats again on a successful 1031 and looking forward to reading more about your journey in the future. 

Did you use AI to write this post?

Aiming to maximize cashflow to fund future investments, but as newly weds rent by the room doesn't feel practical right now. 

Correction, I just re-read my notes from last October. 

$77,000 earnings on a $190,000 investment is unheard of in real estate, but quite normal for a well running business.New RE investors are always after cash flow and CoC return.

Pro - I avoid any future repair expense.

Do you see why we accountants say "likely" and "possibly" in every paragraph we write?

It’s also helpful to build a small network of trusted vendors and tradespeople you can rely on for future projects.The BRRRR strategy can be a great way to scale, but I’d advise budgeting some extra cushion for unexpected costs or delays—it’s almost inevitable.

Again, if this becomes an issue in the future for your other tenants, then I would consider not renewing their lease. 

If the tenant can’t prove the dog qualifies as a service animal or ESA, then it could be a lease violation.It’s a good idea to request documentation in writing and confirm its legitimacy.