The obvious offset to that is that you can re-fi on the way down in order to maintain margins, I plan on doing that. 

I'm planning to keep my day job and probably look to partner with friends and maybe cabl dabble in some hard money. 

I’ve heard for AirBnBs the bathrooms don’t matter much and we plan to put money/ focus into the living room, kitchen and outdoor space.

For example, Garrett Planning Network advisors offer financial planning on an hourly basis.

Hi Aubri,I did something similar but to ensure we were in compliance with local laws, I called the local county building and planning department and had a meeting with them to discuss my plans (this was done during the purchase process) to get approval.

Regarding the improvements, we just did new kitchen, we are planning on doing the fence soon and we have added a couple of things.

After some discussion in which I advised security deposit was held on behalf of both parties, he withdrew request until end of lease in September.I have advised girlfriend of his call, and she then stated that the security deposit monies really belongs to her.My dilemma is that the lease is coming to an end, and I understand that in PA, a landlord is required to return 1 month security deposit if lease is to be extended.The place has not been vandalised and is basically being taken care of, and I'm willing to renew lease with the girlfriend, who very interested in renewing lease, but who also now appears to have allowed a new boyfriend to move in.I suppose I could have this situation handled by hiring a lawyer, but my challenge is how should I go about retaining at least 1 month security deposit while returning the other. 

I would get in hold of an accountant to make sure that you are able to do everything that you are planning on doing.

Can you modify your plans to avoid the full removal? 

Oh yeah, back to house 2 real quick, i added a 2nd bathroom and since all the rooms had door ways meaning it wasnt an open concept floor plan, i was able to add a 5th bedroom. i than started renting out every bedroom in that house while mainting one as my own.