Cosmetic upgrades do not always translate into higher rents, you need to know your market and see what other units look like.

It is heart-breaking to watch someone you love go through such a life-altering experience.

That $3K could translate into $1,500 biweekly.A few benefits of payment-innovation:1.

Translation to the link, - REAP is political, not just for anyone calling themselves an investor.

I would have to alter the layout some.

I'm guessing that you can't charge tenants for separate oil heat and hot water if there is only one oil storage tank on site, even if I were to get separate heaters and alter the piping?

Translation: I'm going to sell to a cash buyer who is going to beat you out again.I'm not giving up, and will go there and get more 'practice' in, but do feel a bit like dissapointment is inevitable.   

If you wait until tax time, your family will disown you :) The key thing is to ensure you are tracking everything.One you are recording everything, then find yourself an accountant who can advise you on how to tweak/alter your recording to facilitate reporting, forecasting/budgeting, taxes, etc.

Surprise does make me wonder if the low short term rental demand will translate to single family homes rentals.Areas I suggest also checking out are Avondale, Goodyear, Peoria, and North Phoenix for consideration.

@Matija Boltuzic   I wrote a book with one of your country men that gives you some guidelines on how to invest in the cash flow markets of the mid west.. and he took my English and translated it to your Aussie English..