Currently, the rental income would not cover the mortgage payments, but I'm considering refinancing if interest rates decrease (possibly conventional to free up VA entitlement) as well as adding a fifth bedroom to increase rental income.My Plans: I intend to retain the NC property due to a stable tenant with a recently renewed year-long lease.

@Joshua Flamm, I would take a minute and send him a note or go online to https://royallegalsolutions.com/ and take look.He hasn't been on in a long while so I would try the website.

@Shonari WynterFor refinancing, you should be fine with the contractor's receipts.

You might be able to find some materials online but you gamble on the quality.In my case this is what I follow:- Construction material locally so we quickly can resupply - Flooring locally (I find better prices and service this way)- Plumbing locally (I bought online for my first remo and quality was really bad) locally are more expensive but I don't gamble anymore as plumbing is something that is always a time constraints to complete and continue other works.- Electronic fixtures like fans, etc online.

Hi Aaron - you can get online info here https://www.crimpr.net/ to look up some info. 

Consider factors like neighborhood, school districts, and proximity to amenities.Financing and Mortgage Considerations:Investment Property Mortgage: Understand that an investment property mortgage may have higher interest rates and require a larger down payment compared to a primary residence mortgage.Future Refinance: Consider the possibility of refinancing the property when you decide to move in, potentially lowering your interest rate and monthly payments.Loan Types: Look into loan types that might offer favorable terms for investment properties, such as conventional loans or FHA loans if the property meets the criteria.Rental Management:Long-Term vs.

@Scott Trench Kevin was removed by Bigger Pockets some time back, he had other complaints on other threads.It is easy to fake being something online. 

On the flip side, the local property managers will be closer, have local handymen etchPlease also chime in with recommendations for other online property management companies.

**Professional Help**: Is it advisable to consult with an attorney or accountant when setting up an LLC, or are the online services sufficient?

We offer it only if it is on an autopay with our online rental software, otherwise it would be to much work