Also, I tell them not to buy used furniture.If you have SFR vs multi-family, you should consider being more or less easy to talk to about it, so, that if you are multi they don't DIY goofy stuff that ends up making it worse and spreading it to other units.ALSO, consider treating between each turnover, as it is much cheaper and easier to treat a vacant unit.Lastly, check out DoMyOwn.com ...they have products and great advice about all pests.Good luck!

Monday.com, Zoho, REI/kit, Flipperforce are softwares that are common.

If you insist on DIYing it, I'd recommend first calling a few general contractors that you see on the sides of buildings under construction in the area.

Even if not maximizing depreciation, the conservative estimates provided by DIY tools justify the cost for properties under $1.2 million.Addressing common concerns regarding the DIY option: Ease of Use: Most software for DIY cost segregation studies is user-friendly, requiring minimal input beyond property details.

@Tanner Lewis the new build 4plex is already prepped to be built the builder is just waiting for a buyer before they start the project. so i wont have to go to a hard money lender. how its going to work is 10% of the total cost so 77500 i will have to upfront deposit to the builder. the builder will then go to get a construction loan and start the project. after 6months if i back out of the deal the builder will keep the deposit, if i continue then that deposit will count towards my down payment. and the cabins i am thinking to maybe build myself with a blueprint/kit or have a local builder help me with them. i dont want to do anything crazy just a simple but aesthetic cabin. but yeah will require examining the land and getting permits and all that.

@Mike K. it can work in your simplified overview.Reality has lots more challenges that can cost you thousands.As others have mentioned, there's lot of EXPERIENCED competition for foreclosures.

Just offering my opinions and challenging anyone to consider if a different approach may find business and profit where they never considered before.And here is my Lamborghini / dream:Velocity V-Twin Kit Airplane

@Evelyn J GoodGo to Home Depot and get the Rustoleum cabinet kit box.

Laser tape measure, or a real one to measure rooms.Bolt cutters or a small tool kit that goes in the car.Powerful flashlight for looking in dark homes.A few spin key boxes to put on vacant homes.Books on real estate, like The Millionaire Real Estate Agent book, The One Thing, or The Millionaire Real Estate Investor.Some kind of BP subscription or books.

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.