Always budget for extra for rehab.

Vrbo has free price automation software.I use Excel for book keeping.I don't pay for any third party software, not really needed on 1 or 2 properties.I charge a little extra for cleaning fee than actual cleaning costs.

I don’t have any debt besides my mortgage fortunately or unfortunately however you look at it, and I’m not opposed to using my extra funds to buy down my mortgage but I’m afraid it won’t lower my DTI quite enough.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

(Inspectors are generalists, so specialists are essential for plumbing and electrical issues in older homes.)Structural Concerns: If potential structural damage is spotted, hire an engineer to assess it properly.Be Diligent and Proactive: Old homes often require extra due diligence.

However, they charge extra for things like the Statement of Information (SOI), which costs $75, and the BOI report, which costs $90.

Even if they can rent your place for $250/nt all-in, can they afford the extra $2 grand+ to get there and back?

Don’t be afraid to reach out and offer value, even if it means going the extra mile in the beginning.

Removing a wall could add value to the home in theory, but for some rental areas, having extra rooms helps.

But what you pay extra for those lots doesn't justify the return in rents you're going to get.