This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.

Yes you are 100% right about adding bedrooms to the units.

Anything prior to that day is just added to the cost basis when the property is placed in service (sold or rented).

It doesn't matter if someone tells you one area is a B if you go there and think it's a D.

You remodeled it at some point and added a new roof and HVAC system and that was all in for 50k.

I didn't go over board, but having to buy dining room table, 2 beds and sofa and table for my living room added up and for $50 I was able to delay paying by 6 months interest free.

We tried some craigslist and marketplace ads.

It is the only way to eliminate some costs without flat out giving away money to make things affordable. 

The current version of the ATCP you are violating is ATCP 134.08(4), which prohibits the same exact thing as 704.44(4m) prohibits…the kicker being that the ATCP (the consumer protection act) comes with the added penalty of you being charged double damages and actual attorney fees because the act itself is promogulated under Wis.

Others follow the 1% rule, calculating annual maintenance costs at 1% of the property value.Property managementHiring a property manager can help to eliminate the stress of residential real estate investing.