Kudos to you and Debra for making it happen—this is a great example of how collaboration and decisive action lead to success!

My updated expected monthly rental income will be $2,800, resulting in a cash flow of $795 per month (excluding my share of the split utilities).I plan to set aside at least 80% of my cash flow for property-related expenses.Additionally, I’ll be installing keypads and security cameras for enhanced safety and operational efficiency.

You have two options: attempt to gather these resources or collaborate with an existing team.

Enhancing Parking Facilities.

Its pros include streamlined property tracking, access to owner data, automated direct mail campaigns, and team collaboration features.

The renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

After conducting thorough due diligence, including a professional inspection and market analysis, the property was acquired for $72,000.Renovation and TransformationThe renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

There are a wide variety of amenities that will enhance the guest experience.Some lower cost ideas for 'fun amenities' could be...

Exterior Deck or PatioAdding an outdoor living space like a deck or patio extends the usable living area and enhances the home's appeal, especially in regions with warm weather.In addition to these improvements, understanding the local real estate market and focusing on upgrades that align with buyer preferences in that area is crucial for maximizing ARV.Noah, thank you for this great feedback.

There is no universal right or wrong, it's personal, it should be a strategy that enhances your life not takes away from it.