im new to this just bought first duplex and am house hacking. been keeping up w bigger pockets and before that dustin heiner' podcast. being green, even i know that you never buy/acquire negative cashflow. thats just dumping money down the toilet. second, every real estate guru will tell you never bank on appreciation. thats gambling. home prices are at an all time high, if nything you bank on your property depreciating some and then returning to purchase price HOPEFULLY. you imagine your worst scenarios, lowest rents, longest imaginable time of vacancy, most drastic uncovered repair/situation, over estimate expenses. create your buffers. if the numbers still work then, then you buy. if the numbers work and you casah flow $250+/month i say go for it. it hard to get above that without significant down payments or finding a rare steal. at this time i think best value and only way to guarantee any kind of appreciation is to buy low and rehab. 

3) When was the property built and remodeled?

.:  So we got a call from our property manager and said that the toilets were backing up. 

Don’t rely too much on others to guide you ultimately, there will be many voices that tell you how difficult real estate can be, about tenants who flush steaks down the toilet (has happened to me) and evictions in NY.

-STANDARD SALE- 7,000 sqft lot just south of Ventura blvd in prime Sherman Oaks is ideal for development or remodel and add sqft The charming home is within close walking distance to some of the best restaurants this area has to offer.

I have been investing in Little Rock for over 20 years, been involved with over 700 BRRR and Turnkey remodels.  

After investing $150,000 into a full remodel we decided to keep it as an Airbnb with 5 studio master suites with their own bathroom and kitchenette.

How do you deduct "improvements" such as a room remodel in the rented unit.

But we have been lucky enough to not receive any issues with this house as when we bought it was fully remodeled literally everything was new. 

If you get a high-paying tenant in there, you can increase your odds of increasing the home's value.So you’d prioritize cosmetics upgrades, or a whole remodel, rather than “new construction”?