Learn to outperform the market by looking at property entry values and resale values based on improvement.

Also, you are totally right, I will approach this one rental at a time to both improve my skills and check is this is for me.

A two bedroom 1,300 sq ft cabin is going to go for way less than a 2 bed, 2,400 sq ft cabin.One of the issues out there too is that some are setup as legal 2 bedroom cabins because of the septic but then they have lofts and such that allow you to rent them out as 3 or even four bedroom cabins to improve the rent.You mentioned one nearby you with a similar layout.

You'll improve over time, but this basic formula remains.1.

Quote from @Lorraine Hadden: What are some strategies you have used to improve or rebuild credit? 

If they have trouble with making rental payments, they need to start improving their skills and look for a higher paying job or double down and get two jobs.

I can make improvements that increase the value.

Larger properties spread your risk.Be Ready for Some Sweat Equity: Many first-time house hackers underestimate this part, but putting in a little elbow grease can drastically improve your returns.

I improved the structure What was the outcome?

I’d love to get feedback from anyone who has been through a similar process, as I’ve received some conflicting information.Here’s the situation:- My lender mentioned that even though my loan-to-value (LTV) ratio is below 80% due to the renovations (currently at 73%), I can’t request PMI termination based on the property improvements alone, since the renovations were part of the initial HomeStyle loan.