I think a lot of newbies are looking for get rich quick schemes.

Also, the $600 may seem like a lot, but in the grand scheme of things it is just the cost of doing business. 

Your property itself seems awesome - love the decor and color scheme.

I will give them to clients and sometimes as a courtesy..Talk about another scheme.. have a front company charge people monthly fee and let them create their own POF that is really out there from my perspective.

I guess in the long scheme of things rents have also increased, so its pretty subjective the way we look at it.

AS some mentioned above in the thread this is quite common scheme with a number of turn key operators... although there should be no secrets about the lender.. usually the lenders in these deals are private folks that want interest income in their IRA or personally.. rarely if ever are they banks... however as stated a lot of this type of financing occurs in the industry. 

If you give $1 to the feds in taxes, they will first waste about 80% in admin fees (I think 2 million people directly work for fed and then more contractors but could be wrong), then choose some scheme to spend your .20 cents on that will most directly benefit the politicians chances of reelection.Who knows what your labor should buy better than you, or in my case, my wife.

That's really not that long in the grand scheme of things.

- Vinyl Plank flooring (instead of carpet which would need to be replaced or cleaned, making vacacany longer)- Curtain rods (instead of blinds that will probably get wrecked, tenants can supply their own curtains)- LED lights (so that we reduce mainteniance costs, since LEDs generally last 10+ years)- Simple Yard / Grass (for quick mowing)- New / Newish Appliances (to replace the aging 26 year old ones that came with the house)- Simple paint scheme for touching up paint (Grey walls and White trim is working great so far)- Door knob stoppers (The circular ones the doorknobs hit so they don't hit the wall, or baseboard ones)- Getting high quality contractors for major home systems (HVAC, water heater, etc) for a high quality install- Forget the waterline to fridge or icemakers- Plastic piece (similar to plywood) on kitchen and bathroom sink cabinet floor to keep from from rotting from leaksWhat ideas can you add to my list?

Change the colour of the countertops and the fluorescent light and it will look great.