So its been a busy first 5 months, but my cash flows have been approx $420, $50 (unexpected roof issue), $620, $440, and this last month my best yet, $890 (rents went up).

I didn't realize this was on my property initially as the property stretches so far back so the removal of the tree added unexpected costs.

I change light fixtures and all of the outlet and light switch covers.

. $350 - Vinal plank flooring in Kitichen ($0 in Labor did myself) Other Misc stuff including replaced all outlets and covers, closet door replacements and ??

Luckily I did have some reserves ready to cover the unexpected expense. 

Moment she reported I replaced the fridge and later found out it was lose neutral issue which electrician fixed and installed grounding. she cancelled twice the appointment before we could get access to fix this.5. its a 1950's build house so it does not have grounding, i needed to get into home to fix the grounding issue for all outlets.

A few things I can think of at the top of my head is to:1) Add leasing fee for additional occupants;2) Offer landscaping services for a fee;3) Allow for pets and charge pet rent (as long as you have durable materials in home to avoid faster wear and tear);4) Update hardware in kitchen;5) Change old light fixtures - make sure you have good light in the home;6) Update doorknobs;7) Repaint front door; and8) Add outlets with USB ports.I have heard some people mentioning that adding a smart thermostat can help increase rents - anyone have first hand experience?

How am I supposed to run a hair salon and retail store if my lights are going out, and my outlets aren't working?

Also, stay away from flood zones and HOA’s.WORKING CAPITAL: Keep a nice cushion to absorb unexpected costs.

It doesn't have to be complicated, it just needs to provide you with a way to recover your investment if something unexpected were to happen.