Partner Driven utilized a combination of resources to fund this project, including capital investment and support from our partner, Preston Moore.

Specialized policies, contractor recommendations, tenant screening, lease agreements, utilities, and exit strategies are also important.Good luck!

There's no one size fits all approach to real estate investing and depending on your resources, skill set, and capabilities you may excel in one particular market or utilizing a specific strategy whereas another investor will excel using a different approach.  

I most definitely 2nd getting the utilities mapped first before digging.  

Which profits can than be utilized to carry forward into the then "good" MFH acquisition timing of things. 

I don't expect millions for pennies, in fact, I resisted going up on my tenants rent during the pandemic since they have to pay all utilities.

With regards to MTR arbitrage, a quick definition may help less experienced investors follow this topic better.In this context, arbitrage refers to entering into a long-term lease with a property owner, and then furnishing the space (also probably setting up the utilities and Wi-Fi), with the purpose of renting it out at a higher rent for a profit.The value to the property owner is that if they enter into a lease with an honorable and responsible person, the rent will be paid every month on time and without fail (regardless of whether or not the MTR provider leased the space).

As I'm sure most of you know, a long-term rental is simple since the only recurring expense I own is the mortgage, whereas with a STR I'll own the mortgage, internet, utilities, furnishings, cleaning fees, etc. which just makes my projections a bit foggier.I'm looking for feedback on the below expenses and wondering what else I should be thinking about, that I don't currently have listed.

After utilizing the Do Not Call Registry for phone numbers, my list is cut in half, to about 3,000.

There are strategies that you can utilize here that can make it easier as well.