If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit score - but wanted to start investing in rental properties - what would you do with 20k that falls into your lap?

Whereas, C class neighborhoods will likely cash flow nicely because of the cost entry point is a lot lower.

First you have to determine if you want to go Lead Free or Lead Safe.

It benefits your property hugely to have these cleaned and it doesn't cost much.

Happy to go into more detail with you on how we do this, so feel free to reach out with any questions.

Some arbitrage operators also try to get multi-year lease terms, security deposits waived, free rent up front, and the like.

This allows you to take the first $250k ($500k if married) of the gain tax free.

New construction often means lower maintenance costs since everything is fresh and up to code.

But the turn cost exceeded $6K.

I do manage some small apartment complexes and generally there are not too many issues, but not zero.Also, for me as a PM I have fixed costs per unit, so to have 5 listings in 1 house would be cost prohibitive.Just food for thought, good luck!