If the property manager uses a payment app integrated with the property management software to collect rent for the landlord, this is not gross income for the property manager.

In fact, some of the best opportunities in real estate come from properties that others overlook—distressed homes with potential that just need the right investor to bring them back to life.If you’ve been in the game long enough, you know that distressed properties can offer huge upside, but they also come with their own set of challenges.

The property has a decent-sized lot with a carport past its shelf life.  

The latest red flag is his belief he purchased a "fully renovated" property in Philadelphia for $115K.

@Tomoko HaleWith STRs its not just purchasing the property. 

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

Purchase price: $241,000 Cash invested: $20,000 Turn-key investment property, with some Capex work including updated roof and lite plumbing fixes.

My fiancé and I are looking to buy our first short term rental property.

Especially on a rental property. 

By focusing on cost-effective improvements, investors can significantly enhance property value.By first Identifying which renovations offer the highest ROI—typically kitchens, bathrooms, and curb appeal.