This is a full gut rehab with 4 total units. 

They mentioned that with the rent increase, this improvement is the least I could do.At this point, I’m hesitant to switch to hardwood floors, as they’ve just started paying the new rent, and it would take some time for me to recoup the costs of such a change.

Hello , l am just starting to rent a property out to section 8  tenant , what are the things to do to minimize/prevent  section 8/regular  tenants  from messing up the rented property .

The lease says in this situation the tenant owes the total balance of the remaining term.

Markets closer to your back yard are easier to get started in.

I'm unsure of whether I'd self manage or not.Any advice and starting a general discussion on the area would be great!

The idea is to HELP offset your cost of living, not totally replace it.

For anyone who wondered here a year later, if you also use Innago, you can avoid manually entering expenses by scanning the receipts and the item description and total $ amount will load automatically, as long as everything on the receipt is expenses for the unit.

Create a list of properties you think are very similar to yours based on their listings and use those revenues to create your estimate.Keep in mind if you are just starting, expect about a 20% decrease in year 1 revenue compared to comparable listings.

Lets say that i have a total of $100K in total losses that have been carrying from prior years from all of my rental properties combined.