We gutted the interior down to the cinder blocks, re-designed the unit layout to fit a more modern lifestyle.

@Corey Block You may want to talk to a few companies who do this sort of thing in your area.

Each time reported to local pd which is surprising only two blocks away.

After that, all rental losses are blocked and pushed into future years.

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

Our goal is to help tackle this crisis by rehabilitating one unit/block at a time.

With all the money they had made from the show they bought a few city blocks in the heart of the neglected downtown of Waco, applied their renovation magic to it, and quickly built a beautiful Magnolia campus in the heart of the city.

Here are some numbers: Current PITI: $3,970Estimated rent: $4500-$5000 (there are several homes within 4 blocks of mine that owners have turned into rentals and I've been able to compare online pics to our home, so I am confident this is a good estimate)Sq ft: 1790Estimated sale price today: 1150000-1250000Mortgage balance: 612,000I would self manage. 

It is not uncommon to have to park blocks away from your residence.  

Especially since later you're going to have the rooms full of furniture, and have to block off time with no bookings.I bought my STR with carpet in the 4 bedrooms and didn't have the budget then to replace them with hard flooring.