Renovations can cost more than you expect, add 10% to your overall number.

As mentioned above it there are dozens if not a hundred+ small items that are easy to forget that guests will expect you to have (can opener, wine opener, oven mitts etc) 

There’s a lot different tenant types and I’ve spent a lot of time figuring things out.

First I do not think there will be seven figures of people removed from the country.

Show the bank the first couple of transfers into your account and if the those transfers are expected to continue for at lease the next 3 years, the bank can use that $5000 as monthly income which can help you qualify for a loan to buy the yacht of your dreams.

Trying to Scale Solo.The Myth of Doing Everything YourselfWhen I first got into real estate, I thought I had to:✅ Find the deals✅ Secure financing✅ Handle renovations✅ Manage tenants✅ Deal with maintenance✅ Track every dollarI figured, “If I want to maximize my profits, I need to do it all myself.”Sound familiar?

Still figuring out numbers @Kimberly Venable That's great!

Don't let them choose for you.Just inspect what you expect....Also I would talk to housing office in Memphis to get a feel of how many people are on the Section 8 waitlist, what kind of rents they pay, what zip codes are they targeting, see if they have any stats about how long tenants stay and average rent.While a lot of people try to look at google street view to get an idea of the neighborhood, there is no substitute for visiting in person.

I'd expect those rates in the midcity/southdowns area, but not tigerland/brightside. 

I focus on staying engaged, whether it’s through regular check-ins, providing insights without expecting anything in return.In terms of systems, I’ve found that a mix of structured tools and personal touchpoints works best.