Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

we just see new investors in the forums blown away when they hit their fix big capex - a new roof, a new furnace, a driveway repair, a couple appliances going at once. 

Quote from @Tomoko Hale: Quote from @Bruce Woodruff: My thoughts: If you are going to use a PM, hire out the cleaning and any maintenance/repairs, you will be giving away 30+% of your income.So you need numbers to put on your spreadsheet.....1) what are you estimating for your nightly/monthly imcome?

Quote from @Stuart Udis: My comment has nothing to do with comps and your decision to make the repair shouldn't be comp influenced either.  

. - RentReady repairs & vacancies between tenants can blow any projected ROIs.2) Warren Buffet - go where others aren't.

As we wrap up the year and look ahead to 2025, the real estate market continues to present unique challenges and opportunities for investors, brokers, and lenders alike.

since purchasing the property with a 10% down portfolio loan through a local bank, I have done extensive repair work and renovations.

it does allow you to repair things outside of the home to a limit. 

You decided to become a real estate agent.You went to school, bought your books, passed your exam, got hired by a broker, ordered business cards and took a head shot.

Looking forward to the journey ahead....