Charge the tenant for all cleaning and repairs required to return the rental to these same condition as it was given, minus ordinary wear-and-tear.You can't charge full price for a replacement appliance, flooring, or even paint.

Easy enough to find her.

Now that demo is done and the site is cleared, it’s time to make sure this house is rock solid.

Study what kind of properties sell, for how much, and what kind of tenants live there.Think with a 10year+ vision, but a decently sound property (not a 1900 single family conversion that is begging for a full gut rehab), and but in the RIGHT location. 

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I look forward to reading more of your experiences.  

@Zachary Myers My replies to your questions are below.1. 

@Jason MatthewsHi Jason, Welcome to the community. 

@Meghan RAoWelcome to BP!

I don't understand why someone would ask if now is a good time to invest in section 8.