Alert the guests when we know there is a possibility of a storm and recommend they bring enough food and drink to sustain them for a few days.  

IT OWNS ONE OTHER PROPERTY THAT IS PURELY AN INVESTMENT PROPERTY THAT WE NEVER LIVED IN. 

House hacking and buying a pure rental are very different strategies. 

A lot of people don't drink for a variety of reasons & may be rather put off by your assuming it's something they might like.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $4,000

Cash invested: $15,000

Bought land with 5 mobile homes on it cleaned it up now it's my construction y...

Going to find seller financing deals with 0-10%, finding limited partners who want to double their money in 2-3 years and cover all cost, pure sweat equity.If i close on a multifamily thats worth $1m now, 10% down seller financing so bank isn't involved, after value add it's worth $1.5m, that's a 5x on cash.

From a purely REI standpoint you should keep debt for leverage and to get a better Cash in cash return.  

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

I had read 50% is a fair number to use for calculations which would raise the NOI by, drumroll...15%, but this is purely speculative) and perhaps the funds or energy to go through an upgrade if they're looking to get out of it anyway.

Make sure you're realisitic and looking at pure NET profit after all expenses, including taxes...When I initially set these goals, I was still in the "bright-eyed, bushy tail" phase of envisioning my future REI portfolio.