Hey Jonathan, after managing rentals for years, I’d say stick to providing a “starter supply” of the basics like TP, trash bags, and soap—it’s what most guests expect.

All 1300 aren’t going to stay forever, but I promise you a few are going to stick and change the landscape.

When i was younger I used to help her with renovations on some of these properties.I asked her about 2 years ago why she never went multifamily and she said that she was afraid of stepping out of her comfort zone and wanted to stick with what she had known and done forever.

It could provide more cash flow but your leverage would still be less due to the total value of that property compared to the 4plex3) Is there an easy way to understand what price range I should stick to in my area, and should I focus on the best market or focus on the best price for properties? 

i understand a true duplex might be a lot more expensive, but i think it's at least worth continuing to research and keeping an eye on.and sticking to my original point, OOS can be tough. 

One key takeaway from this deal was the importance of sticking to a strict renovation budget to maximize returns.

I have actually seen this before and courts usually stick to the rule unless you get dam lucky. 

Doing a 75% 1st mortgage and 15% heloc or heloan would likely give you better cost of funds all around.If this is an investment property, you can do 80% cash out refi using NonQM loans such as DSCR loans, but at a higher cost/rate than if you stick with 75% loan to value. 

What you said about turnkeys sticking to the local market and keeping it tight especially got me thinking.I originally thought the reason why many true turnkeys stay local is that they lack the money and resources to expand like Roofstock.

If $10k will make or break you then stick to all the amazing free recourses on BP, podcast, YouTube and local mentors.