Can you multiply cash flow simply by changing the type or adding doors (from SF to MF).5.

We bought a house and paid cash for it, forced some value into by adding over 1800 square feet onto it with very little cost due to an addition that was already started prior, and updated the house built in the 80's.

I've made hundreds of friends and sourced more clients than you can imagine from doing one thing - adding value in the forums.I never once said I was an agent or where to find me.

If the second property you are buying is not turnkey, will require some work, and there is a clear value/range of what you can bring the property to by adding value then you can refinance to pay back the majority if not all of your HELOC (used for downpayment or to buy the property completely).You'll need to know how to analyze an after repair value of the property to figure out if that technique can work or not.

It will take a huge amount of work to upgrade the property which has not been properly maintained, so we'll be doing a lot of infrastructure rehab including adding HVAC/AC, upgrading the wiring, and bringing the old floors back to life.

No separate meters so there's a fee added to the rent for all utilities.Improvements are minor to have it rent ready.

It’s states …An occasional overnight guest is one who does not stay more than seven (7) days every six (6) months.Only persons 18 and older my be added to lease. 

It is HARD and you are adding a cost burden to everything you do remotely.

The numbers just seem to keep adding up.

I have a house that was built with local lumber flooring white oak in the late 50s, and my HVAC contractor went through a dozen blades making the cutouts when we added central air.