Here’s my recommendation to get it under control: For a quick fix, start by sealing up any gaps using acoustic caulk around outlets, baseboards, or other small openings.

This all comes down to how much you are looking to spend and the class of property/class of tenants you want to deal with.

•I’d also ask: Does this area have ongoing flood control improvements?

So, why is McDonalds still spending billions on advertising?

You want to have your financial house in order so you know what you CAN afford and what you SHOULD spend.

I spend a couple hours a day driving to and from work so I have plenty of time! 

How much did you spend in the rehab?

No state income tax, no rent control, and a straightforward eviction process make it one of the more landlord-friendly places to own rentals.

Hi I had my property manager handle my renovation on a unit in Maine while I am living in Connecticut. I specified that my budget is $15,000. After she gave me the numbers, I calculated the rehab to be around $16,000 ...

Because for a certain type renter it’s just SO easy to continue renting fully furnished rather than having to spend $20-40k on furniture; come up with a down payment on a house purchase; and or worry about repairs and maintenance.