Investment Info:Single-family residence buy & hold investment in North Little Rock. 2021: new metal roof, painted the interior and exterior, sanded and painted the kitchen cabinets, and installed a new furnace.2024: New new vinyl plank flooring and carpet were installed throughout the home, all of the electrical outlets were replaced, and the A/C condenser and compressor were replaced.This property is currently listed for sale!

This would only apply to landlords who own more than 50 units, which accounts for roughly half of all rental properties, according to the news outlet.

Judicious use of leverage (debt) when the property will still cash flow positive after debt service; when there’s enough equity left in the property to refinance if advantageous, and when sufficient reserves are held to cover vacancies, recessions, and unexpected repairs5.

With this option, we're wondering if it's better to offer it as a 3 bed 1.5 bath with 2 bonus rooms (which we live out of), or rework one of the rooms into an actual bedroom to make it a 4 bed.With either option, we're also wondering if it's best to have the cashflow of our current house to offset any unexpected expenses, or if we should pay extra and try to pay off our current house as soon as possible.

.- Closeout and overstock stores: Places like Floor & Decor or local overstock outlets can have great deals on flooring and other materials.When choosing between Home Depot and Lowe's, keep in mind that both offer price matching, with Home Depot often providing an additional 10% off.

It is simple enough and cheap enough to run surface molding up to the fan box, with an extension on an outlet box to connect to a circuit.

If you need assistance with purchasing homes in Kentucky once you have everything sorted out, let me know.

I see the trim ring around the outlet box is falling off.

(Fortunately, we were insured)Emergency Fund: Always have extra cash for unexpected events.Tenant Support: Keep good communication and support your tenants through tough times.Final ThoughtsThis July 4th was a disaster, but it’s also a stark reminder of the unpredictable nature of real estate investing.

Since you mentioned retirement its always good to be prepared for the "What if factor" meaning "If" something should happen or come along unexpected.