List of things to fix:Clean house, Carpet replacement, Floor patch up, Interior Painting, Bathtub recaulk, water heater replacement, leak check, small dry wall cut and restore, Roof fascia repairThank you.

Let's assume it's a full bath.The smallest possible full bath can be shoehorned into about a 4.5 x 5-foot floor area, usually what people consider a small full bath is 5 x 10 feet, with a tub and shower surround.

Purchase price: $135,000 Cash invested: $5,500 Small property in Beebe, Arkansas.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

Some idea's- wholesaling, structuring a seller/creative finance deal, or finding a deal then finding a partner with funding then offer to provide the management and grunt labor for a small slice of equity (10% of a deal is better than 100% of no deal). 

It sat vacant for 2 years while being fixed due to a small kitchen fire and the need to seek a public claim adjuster.

However, I take full responsibility for my actions and I'm sharing this with the community in a spirit of an alert of those people that want to hurt our small businesses.I'm NOT posting this in a form of retaliation, but more to protect those entrepreneurs who would be looking for funding. 

There was a small medium sized tree in the backyard that is now missing.

Hi Adam,I've always been a real estate guy but exposed my personal portfolio quite heavily to a regional bank ETF.I guess time will tell if I'll be a "Hero" or "Zero" lolCome on you Fed and reduce those rates 😁Real estate is and always will be my bread and butter tho.You can't beat the safety of a "brick and mortar" investment per se.My best advice would be if you are going to go down the path of investing in out of state rentals to have a growth mindset.Buying 1 or 2 isn't worth the risk or hassle and you might as well invest in your own back yard.10+ years in the industry and my most unsatisfied investors are the one's that build smaller portfolio's.If a property goes vacant and takes a few months to get it back performing, with a small portfolio that could impact cashflow of 30-50% for that year.Our investors that own 7,8 or 10+ properties, don't even feel it if 1 or 2 go vacant.Just my opinion and wishing you much success

But we remain cautious in our optimism as the capital stack requirements are still making it really difficult for large and small aggregator/operators to be able to craft the right deal structure.