By the time I load my tools in my truck, diagnose the problem, run for parts, etc it often takes 2-3 times as long as someone who is equipped for this work.I will try to handle turning units between renters because it's a good opportunity to engage my teenage kids and pay them $x/hr for painting, cleaning and maintenance and teach them something about hard work in the process.

My long-term goal is buy and hold, likely with BRRRR-style rehab and refinancing where possible to steadily build a portfolio.  

If you could post about pros and cons, life style, ability to work extra, commission, hours...

As for more spreadsheet-style things: low property taxes, landlord friendly, land value is low so I get to disproportionately depreciate more of the purchase price, etc.

He knows the property type, the area, you, your style, and can give you far more applicable counsel than anyone here.Secondarily, I would plug all of your assumptions into the BP calculator and post the results.

If you go with a vinyl Click plank you can come in less than $2/ft on flooring.home depot or floorstoyourhome.comI have been adding restaurant style sprayer faucets off Amazon for about $60 and under cabinet lighting $40 to make a statement.

One is owned by a housing society and they are currently building a large apartment style building.

I will focus on small multifamily properties and single family homes in the short term and possibly trade them in Monopoly boardgame style for a larger apartment complex in the future.

It made me angry that no one teaches this stuff, and I’m in this rut.

If there is a downturn due to the global trade war that began early 2018, history teaches us that rents hold better than real estate values.