I've been buried with tax preparation and a couple projects, so BP moved from the back burner to completely off the stove!

I renovated the shop house and rented it out.

There will be renovation of the home that is $82,500 worth of renovation.

And i just wanna make sure we are prepared and can finish this project.   

@Ming HuangRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I will have 50K to start and I'm open to turn-key or a fixer upper (I have some experience with cosmetic renovations).

That said, I wouldn't let projecting rates factor into my decision as much as whether or not you want to pull the extra $$ out.

Lastly funding developer who has 3 subdivisions going in WA DC market. these are big time deals and with our funds for the soft costs  500 k to 1 mil on each project my client is going to make  sit down  but probably over 10 million net  life changing money and well we will do good too !!

It’s the easiest way to get a feel for being a landlord without the stress of managing rehab projects.

Just recently listened to a podcast on mid-term rentals specifically for traveling nurses but could also include corporate professionals or large-scale construction project workers.