This is the entry point I’d recommend with high CoC returns and includes your downpayment (20-25% down), closing costs and the furnishing/design budget.  

With my w2 job, the agreement we sign to work outside the office specifies that we will work at a designated specific approved location (our home).

Unfortunately, we live in California so we would have to pay significant capital gains if we sell.Hi Scott, depending on the property and if you’re willing to invest in quality interior design, you could make more money as an STR.

@Ryan Leake thanks for sharing helpful tips.Steps 4 and 5 for "boosting ratings" is why I've designed an auto-mated post-stay review intercept survey.

Hello All,I have been investing for the last 4 years in real estate and am on the way to purchasing my 3rd property (a flip :)I am having a hard time knowing how I should organize my incomes, expenses, taxes, ect for easy bookeeping, to help keep everything separate legally, & to produce income on the money sitting in the accounts.I can only explain my ideal thoughts in a graphic design so i will include that here:Does this make sense in order to maximize profits & keep things organized? 

https://www.biggerpockets.com/airbnb-calculatorI would not go cheap on the furniture and really pay attention to the design and amenities you can have that compete with the top places near by.

We gutted the interior down to the cinder blocks, re-designed the unit layout to fit a more modern lifestyle.

., modern designs, open concepts) are resonating with buyers or renters?

A service animal is a real designation.

@Ben ClingerHi Ben, I just noticed your post.Toledo just clarified their inspection criteria for section 8 houses and decided they wanted their cake and to eat it too...we don't have to have an interior inspection (since LMHA inspects that during their inspection), but we DO have to pay for a Lead Inspector contractor to visually inspect the exterior of the house and of course we DO have to pay the $45 fee (which is of course what this is all about).LMHA of course inspects the outside of houses along with the inside so the whole lead inspection is redundant.