Of course, if you do flip it you'll want to put in nicer finishes so that would increase your rehab costs and that needs to be factored in as well. 

He did all the rehab in the beginning when he bought the house, that's why its now in a stable cash flow condition. 

Coffee stains under the fridge or a dust bunny in a corner, not if you want the 5 star review and the repeat bidness 🤪 What would be included in a deep clean that is not normally cleaned?

I was caught in a probate case on a note I owned where the subject property was located in Dallas.  

Even in a perfect world with no maintenance and no vacancy, you would pay $700/month or more in the hopes of gaining equity.

It really sucks to bleed cash and live in a job site for 2 years, though. 

Additional Details:The property is in a desirable area with good amenities nearby.STR data from AirDNA shows decent revenue potential, but the lack of comps makes me hesitant.I’m looking for a balanced approach that minimizes risk, even if STR performance doesn’t hit expectations.If anyone has experience investing in Cincinnati or navigating markets where STR data is sparse, I’d love to hear your thoughts.

We're doing a ground-up construction project in a booming spot on the Pacific Coast of Mexico.

I’m old school and pen and paper all my expenses then jam a receipt in a folder for each property.

It appraised for 10K more than we bought it for, its in a great area and will only appreciate over time.