Remember, the warranty companies make money on the majority of the people who purchase warranties and never use them.

Depending on the strength of the market, I will charge 15 - 25% more for a month-to-month lease to mitigate the increased risk of departure under less-than-ideal circumstances.

Great progress @Brian Nguyen   Thanks for remembering to tag me...Really proud of what you have done and ofcourse having an agent who follows up after the sale also is great ..good job @Henry Lazerow

Couple things to remember Cash is king always will be and You can never lose money by taking a profit.

I don’t remember if it’s state specific, but in MN you inherit the current lease when you buy a rental which is why you need to provide the tenants the 60 day notice (or however long it says on the lease).The reason I booted both out was I wanted to live in one unit and the other was paying a couple hundred below market rent so I got someone to pay more.

@Brandon Miller- He does both communities and single homes, with his ideal being a community.

Also remember the higher the finishes are the more the rehab is going to cost, I could go on and on because finding an ARV is truly an art but the only way you are going to get better is to first learn the basics then analyze as many deals as possible till you get the hang of it good luck!

 ~ 1200 or less sq feet seems to be a sweet spot with the office tenants I deal with.  

Remember, as already mentioned, that whatever structure you create, it requires work and discipline in operating it.

I have been interested in real estate for a long time as I can remember wanting to “flip houses” when I was a young girl.