Some won't give 100% of the rehab until you have a certain amount of deals under your belt.  

Being a real estate agent is being a therapist half the time." haha I'm starting to realize that after getting a few deals under my belt!

I was recently introduced to BP podcast by a friend and my OCD has forced me to start from the very first podcast and now I'm bout hooked and have made it to #70 while reading Rich Dad/Poor Dad.I'm a licensed realtor here in Victoria, have one rental under my belt and about to put my home on the market next month and would like to purchase a MDU (less than 5 units) as my next investment.I'm sure I'll have several questions in the future but for now Hello Everyone and it's nice to be surrounded by many expert investors!

You could also put a blower fan at the opening pointed into the space, without the exhaust fan. 

Though we don't have a property under our belt (yet :) ), it has been an interesting journey reading through some Real Estate Investing Books by Brandon Turner/David Greene/J Scott etc. along with regularly listening to BP podcasts. 

If you go with month to month would use 60% for modeling especially for cars and being in snow belt. 

Mid term technically with two 4 month leases under our belt.

I've been an investor and fix-and-flipper in NY for 4 years now, with 20+ projects under my belt, but this will be my first ground-up multifamily development project.Essentially I'm purchasing a 2 family property that is zoned and sized to be able to build out a 4 story 8-unit structure.

Once you get a few properties under your belt and have been running them, you can then start to approach local banks about moving to the next level of business accounts,  LLC formation, borrowing and the like.

I'm interested in rental properties because of the passive income, I found this forum/web site through a book I bought called making money through rental properties and I can hardly contain my excitement to get a second property under my belt.