Do it right and you don't have to worry about reassessing your financials to find an answer to these questions months down the road.The "short-cut" becomes even more evidently wrong if the lease commissions must be capitalized.Not going to comment too much on your other post. 

Stories are the shortcut to the heart."

., I've found that there's no shortcut to vetting them.

@Randy BlochI only have an iPhone so I can only speak for that but I use cozy and saved the link as a shortcut.

lol and could take longer period of time to complete) with fixer/turnkey older homes: (which you probably know already) con: - had to worry about HVAC, water heater unit being old and not replaced yet - if it was somewhat fixed already - dealing with potential short cut work from previous contractors - find any unforeseen issues that you'd have to have trustworthy people in place to find out for you (with your due diligence in place)- could have issues after purchase when you try to do your rehab Pro: obviously even with those issues above, there "could" be more ROI in place when its done.New construction: con: - not much addition to do to add more value to your home - Hoa fees could be higher - because newer neighbors use CPM (community property manager) in the beginning - Need to know if the neighbor has a cap of rental properties before purchase, and need to purchase quickPro: - like you mentioned, less capex and maintenance - potentially find a tenant faster - most of the things in the house has warranty up to 5 years Also, if you do end up buying new build, look around the area to see if there are more new constructions going up, it could indicate that population in the area is growing and the area is in demand. 

Probably making use of:The BP two step shortcut to owning 500 units1: Invest $5,000 in a syndication that buys a 500 unit development2: Claim to own 500 unitsI've seen it far too many times. 

Do not make shortcuts in that regard.We also replaced ALL the flooring in the entire house.

A wise investor will not try to get rich quick with shortcuts.

A wise investor will not try to get rich quick with shortcuts.

Yes, it's a minor shortcut and ignores the rules, but I would sign off on it.