One thing that might help is building the cost of that deep clean into the lease or setting a minimum stay to offset expenses.

In the meantime, I'd recommend using the search function and set up keyword alerts to find other questions on land wholesaling, best investment strategies, and any other topics of interest.Excited to hear what you and your son have in the works, all the best!

For our other beds (king, queen, twins) I followed advice here and got sheets from Kohls, and those are great.It seems like the simplest thing to do is just leave a set of queen linens in the closet for guests to use on the sofa bed.

Thanks,JaredI'd only pursue this if there is an big upside for appreciation, or if you planned on keeping the house forever as a rental.Run the numbers, subtract 15% a year for vacancy and on going maintenance and repairs during each year, subtract 15% per year for maintenance and repairs to get it market ready once you decide to sell it.Example if you were to keep it for 5 years and sell at the end of five years:12x$200=$2400 year gross profit15% for vacancy, maintenance, repairs ($-360.00 per year)= $2040 gross profit per year15% set aside to repair, repaint, replace to get ready to sell on market = $1800 $7000-$8000 net for 5 years of rental.Appreciation over the term you would keep it would be the only incentive, and it could be a big reason why to rent it.

What do you all think about buying undeveloped land and setting up ADUs to rent out?

when underwriting a property a good rule of thumb would be to set aside ~5% gross income for each Cap Ex, maintenance, and vacancy. (15% total)I dont know much of the market in TX but in central MA i work with a lot of investors that are interested in acquiring multi family properties so that's mostly what i deal in. 

I went out to Memphis in late July to set up a network of agents and contractors.

Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.

And once set, this shifts the focus to rinse and repeat, finding the next value-add potential and making magic happen again. 

I’ll look into them.Has anyone ever heard of any internal goals set by the VA or VRMCO that motivates them to get a house off their books by a certain date?