WE figured homeless or someone Od.. called the cops they hauled the body out and that was the end of that.

Make a spreadsheet with current income and expenses and then figure out how long until rent surpasses expenses.

You have given me some good info as we continue figuring out our next steps.

You can’t stop folks from calling so best to figure out a solution on your end.

We’re looking at buying a rental and are trying to figure out the best course for taking a second mortgage out.

Those groups typically research and know what to expect, which make them “easy” to host. 

As a CPA and real estate investor who is a general partner in two syndications, I want to share some practical advice to set realistic expectations.

Full Occupancy: The property achieved full occupancy within three weeks of listing, with strong tenant demand.High Cash Flow: The property generates $5,570/month in gross revenue and approximately $4,690/month in net profit after operating costs.Effective Use of 1031 Exchange: $300k of the total $420k investment was offset by the 1031 exchange, minimizing out-of-pocket expenses.Long-Term Stability: Designed for durability and versatility, the property is expected to cash flow for decadesLessons learned?

The painting should be completed within three months of the move-in date, and the Lessor will inspect the work to confirm it meets these standards.”This implies that the LL gets to determine that the paint job meets his quality expectation.”Per the mutual agreement between the Lessor and the Tenant, the Lessor has agreed to reduce the monthly rent from $3,200 to $3,100, allowing the Tenant to repaint portions of the house at their own expense.”this is not as clear as it could be, but could be interpreted that the rent is $3200 if the tenant does not paint the areas that the LL specifies to the quality that meets the LL quality expectations. 

Once you can figure out how to buy your second property, then you've started beginning to master scale.But I have a questions, you said:"Our end goal is to build wealth over the next several years and leverage that wealth to buy multifamily commercial properties!"