As for the 2/1 unit There is a long term tenant (10+ years) that has a great relationship with the landlord (they seem to be friends as well) and has been paying rent on time ever since they have been there.

The host, Justin Kivel, breaks down the terms and underwriting in a way that is easy to digest and in bite size videos.

If you can design the layout to maximize rental income, it could pay off in the long run.- Learning Opportunity: Having your friend as a general contractor at a discounted rate is a fantastic opportunity.

Like for student rental it is a must to take on 10 or 11 month lease and making sure house rented back for next year before the September term starts.

Frame and finish a L shaped wall in the current recreation room wall approx 7' long x ~18" deep.B.Remove door to "office" and open wall to frame out closet, or just close off.C.Remove wall separating bedroom and office (wall is ~7.9 long)D, F, G Close off 3 interior doorsE.

And remember if you are spending the cash flow vs using it all to grow, it will take a long time to get anywhere.            

Going to hold the two I have long term and try to add 2 or 3 per year.

Having a local handyman or someone you know to look over the property is helpful, but I think you can do without property management if you are dealing with long-term rentals.

How long did the project take?

C Class Apartments are fine as long as you buy in a good location.