There is also a specific treatment we did to the wood studs that were exposed to suppress mold growth. 

This will be followed by another property in 2022 and so on, with the ultimate goal of being in real estate full time by 2030.I currently spend my summers with the National Park Service as part of a Wildland Fire suppression resource.  

Costs that can easily suppress significantly long term investment yields.

Why Population Growth Matters When Choosing Markets:Real Estate is almost all about Supply & Demand, and interestingly enough, even with massive amounts of demand for Real Estate, supply has been incredibly suppressed due to governmental red tape, as well as limits caused by the material & labor shortage.

On the construction side of things the cost is high, most jurisdictions require fire suppression systems to be installed in all units.

And putting down weed suppression cloth and mulch will help keep the area low maintenance.

My ideal house is a 1200-1300 square foot brick 3/2/2 in a decent area.(2) Sub $130K ARV (much higher and rents start to taper off relative to value)(3) Newer houses are superior to old ones (and will justify a higher price) as long as there is not a lot building going on nearby that will suppress home prices(4) The result when I'm done fixing the home is that it has to be fully renovated and updated (no deferred maintenance or cap ex for the next five years)(5) I assume 1 month vacancy per month.  

If the tenants have been there that long with suppressed rents, chances are the units need work.Some tenants may leave on their own.

LoanDownpayment 0%, SBA 10%, 25% collateral, 40% collateral, VA, FHA,Source of funds: SBA, Credit union, Bank, VA/FHA, Farm Credit, Credit Union, Hard Money.Deal SizeRealtorsLawyersSurveysTitle company or Title insuranceUtilities: Electric Plumbing Sewer Storm Ponds Storm Drains Water Fire Hydrants Fire suppression Fire extinguishersParkingDrivewaysZoning SetbacksHOACovenantsRoofGuttersSidingDoors/WindowsHVACPlumbingFlooringFoundationSidewalksDrivewayLandscapingLegal entity IndividualLLC Corporation S Corp PartnershipInsuranceProperty TaxesOnce you have this added to your spreadsheet, move around as needed.

Storm ponds, storm sewers, fire suppression systems, parking, ADA, fire hydrants, roads and access, fencing, utility acces and sizing,  D.