In both of my houses having 1 bathroom shared between 4 people has not been an issue, but I also have maid service and a large house which helps a lot.Other things you have to think about are parking issues, storage space for each person, and utilities which you will usually end up paying for now and that decreases your profit.They are also not "set it and forget it" type properties.  

It’s free and offers great features for rent collection, which makes it perfect for managing a few units and scaling up as you grow.Before Cozy.co was bought out by Apartments.com, it was a good option, but now it has limited features, especially with billing and handling utility changes consistently.Venmo is another option, but for staying organized and efficient, Innago is definitely worth a look.Hope this helps!

Work with the local experts- talk with local zoning officials, engage architects, and reach out to contractors to understand the cost and feasibility of your project.Run your numbers- do some forecasting and layout some financial models to project costs, revenues, and returns.Make sure you are utilizing your team- aforementioned real estate broker, financial advisor/ CPA, and lawyer and others as you go.Best wishes and good luck.

This looks like many things but here are some idea starters for you:- Ensuring that payments are automated for receiving rent, paying mortgage, paying utilities- Ensuring the lease version used is up to date & calendar notifications are on for renewal periods- Tenant screening process is defined and followed- Turnover process is clear and team is in place- etcIf you need a CPA suggestion, I love Samantha Kelley.

For example, a normal residential loan would expect  a roof, functioning utilities, etc. 

I would say a lot of it is based on their training or their resources that they utilize to complete your taxes.

About $250 to $300 per square foot, because it is small which drives the per sqft cost up absorbing kitchen, bathroom, plumbing, electrical, utilities, basement, roof and impact fees into a small footprint.

I requested copies of the income taxes for them both and it looks like this could be a pretty good deal but I'm not sure how much he spends on materials to keep them running as that was not included in his "financial report" (which was a piece of paper with number written for utilities).

I then used most of these proceeds to upgrade the properties and make them more valuable.Now I’m looking to sell off my assets and reinvest the money in Florida utilizing 1031 exchanges. 

We utilize an engineering department and do a LOT of analysis to ensure our insureds are adequately protected while also pleasing our broker(s).I studied finance in college and would confidently say I'm ahead of the curve in equity investing (stocks).