My dumba** investment to show that I'd finally made some money was a two-thousand-dollar Swarovski chandelier for my dining room, believe it or not.

Not to nerd out on Excel models, but their modeling is very elegant--simple design but also robust.A challenge though with using an institutional-grade template from scratch is not having a grasp on the complexity that's driving the model.

I tried having a client take their whole lower level of their house because sometimes they met with clients at their dining room table, okay but do you also eat dinner there?

I typically took living rooms, dining rooms, and sometimes a den and framed a room with a closet.

Granted, fine dining & shopping's not too exciting - but that's ok.

Income:All units 1 bed/1 bathUnit A --> $700 Biggest unit, has bonus room and dine in kitchen, has only off street parking spot, 15 year tenant (month to month), i think the rent could be increased to 800-825Unit B --> $600Standard 1/1, Tenant leased until May/2018, I think rent could be increased to 650 after leaseUnit C --> $500Standard 1/1, 7 yr Tenant (month to month), only unit that would need any rehab and not until (if) tenant left, i think rent could be increased to 600-650 after mostly cosmetic rehab (shag carpet and wood paneling)Unit D --> $550This is actually a studio but listed as a 1/1, has Murphy bed that will be removed and wood floor refinished from bed damage (minor), recently vacant but was renting for 550 but would possibly lower to 450 to fill quickly Additional Expenses:Landlord pays Gas/Electric and charges flat fee to cover costs.

While the living room is relatively small, I'm converting it to an open floor plan alongside the kitchen and the dining room to make a decent sized living space.I'm not sure what to do with the office located next to the living room, the current options are:1.

I plan to replace the carpet in the bedrooms, but I wanted to replace the current carpet in the living and dining room with something nicer.

@Patricia Berman Those are great concepts and ideas.....I would add that STRs have a built-in benefit to any community - they attract tourists, who are more likely than  a single local family to go out every night they are there, dine at the local establishments, shop at the local shops, visit museums and generally spend a TON of money in the community over a period of a couple days.

Buying furniture for common areas (couch, lamps, television, dining table) for more than one household. 2.