A good question to ask yourself when determining what needs repaired would be: "Does this item affect the health and safety or habitability of the unit?

1: If I was in charge of creating the app I would implement AI to get more information on properties and determine comps.2: I would completely redesign the GUI(Graphical User Interface) because even the website could be improved it looks like someone with little experience created it which was smart to do in the beginning but now you guys have more money it’s time to upgrade.

As a savings of a few thousand dollars on furniture, could determine if your occupancy rate is 65% versus 70%...If the revenue is $50,000/yr that's $2,500 in one year (which could be the breakeven for that specific line-item expense).To determine you total breakeven point occupancy rate, and not just related to the furniture, take your operating expenses plus your debt service and divide it by your effective gross income.

I determine the wrong number percentage based on how many people text or call us back saying "wrong number".

. - Next I use a calculator to determine how much money to put down. 

Before getting started, I’d recommend focusing on three key areas:Strategy Selection – Understand the different investment strategies (BRRRR, short-term rentals, etc.) and determine which aligns best with your goals.Market Research – Study the market you want to invest in, including property values, rental demand, and economic trends.Laying the Foundation – Take proactive steps now that will set you up for success later.

Action Steps to Start Building Passive IncomeResearch Your Market: Determine whether your area is better suited for short-term or long-term rentals.

But it will be significant.To determine roughly how much tax exposure you're looking at you would need to know what your net gain will be.You will have to break down your Adjusted cost basis, and your net sale.

They may be an expert; but those 2 facts aren't what can/will determine that. 

But if you are determined to do so, try to go for turnkey properties on the newer end - less maintenance which is good when you are investing out of state.