Why buy the real estate equivalent of a penny stock when you can afford to buy blue chip aristocrat dividend stocks (Class A multifamily properties in good locations with actual strong fundamentals like population growth, a diverse and recession-resistant job market, limited supply and high demand, affordability, and consistent long-term appreciation)? 

Purchase price: $129,900 Investor Renovation Summary – 1748 Benning StreetExterior Improvements➤ New architectural shingle roof; porch painted gray➤ Painted posts/rails, new light fixtures & mailbox➤ Landscaping: mulch beds, timbers replaced, brick cleaned/repaired➤ Security bars/gates removed; exterior doors replaced with smart locksInterior Renovation➤ Full interior paint (gray walls), trim repair, paneling replaced➤ All blinds, window locks, and interior doors updated➤ New LED lighting, smoke & CO detectors, doorbell, HVAC ventsKitchen & Bath Updates➤ Cabinets painted/repaired; new counters, sink, vent hood➤ New stackable washer hookup & 220 outlet➤ Full bathroom remodel: tub, tile, vanity, toilet, exhaust fanMechanical & Final Touches➤ New HVAC system; attic ladder & drywall repairs➤ Water heater evaluated; deep clean completedStatus: Fully updated, turnkey-ready, ideal for rental or resale

The trend in fall vacations to the Smokies is less about entire family vacations and more about couples traveling to enjoy the fall weather and color change.  

Purchase price: $129,900 Investor Renovation Summary – 1748 Benning StreetExterior Improvements➤ New architectural shingle roof; porch painted gray➤ Painted posts/rails, new light fixtures & mailbox➤ Landscaping: mulch beds, timbers replaced, brick cleaned/repaired➤ Security bars/gates removed; exterior doors replaced with smart locksInterior Renovation➤ Full interior paint (gray walls), trim repair, paneling replaced➤ All blinds, window locks, and interior doors updated➤ New LED lighting, smoke & CO detectors, doorbell, HVAC ventsKitchen & Bath Updates➤ Cabinets painted/repaired; new counters, sink, vent hood➤ New stackable washer hookup & 220 outlet➤ Full bathroom remodel: tub, tile, vanity, toilet, exhaust fanMechanical & Final Touches➤ New HVAC system; attic ladder & drywall repairs➤ Water heater evaluated; deep clean completedStatus: Fully updated, turnkey-ready, ideal for rental or resale

There are several Colorado blue spruces on the property.

FOR KITCHEN CABINETS: What color should I stick with for the rental property?

You can do a search for your local area to find photo prints of local landmarks and also by color, style, medium etc.

Purchase price: $152,900 Exterior Improvements➤ Mailbox install, roof pressure wash, ramp removal➤ Smart locks on all exterior doors➤ New HVAC system with cage➤ Crawl space vent & door install, window functionality ensuredInterior & Safety Upgrades➤ Full interior paint (gray walls, white trim)➤ LED lighting throughout; smoke & detectors added➤ Deep clean, blade plug, fire extinguisher installed➤ Damaged doorknobs replaced; security system removedKitchen & Bath Renovations➤ Painted kitchen cabinets, new Formica counters, Hard wood flooring➤ Second bathroom addition in laundry area➤ Master bath: new vanity, resurfaced tub, LVP flooring, exhaust fanGeneral Repairs & Touch-Ups➤ Weather stripping, attic trim, drywall touch-ups➤ Tree limb removal, door painting, door hardware updatedStatus: Turnkey-ready, fully modernized, excellent rental appeal Nice!

I am positioned to begin investing in real estate with all-cash deals but am just trying to learn as much as I can and meticulously plan my strategy so there are no gray areas where I would sacrifice opportunity or create unnecessary risk.What threw me off on refinancing was just my misunderstanding of the terminology.

If the lease plainly states-enforce, if it is a gray area, state what you allow and stand on it.