My first few inspections were helpful to help understand building systems and routine maintenance schedules (don’t have to worry about that stuff when you’re a renter.)Sadly inspections afterward, for investment properties, only turn up obvious items that’s hard to miss if you personally walk the property looking in the nooks and crannies.Rot, poor wiring, improper framing, water leaks, etc that are behind the walls is when I’ve gotten into trouble.

Syndicators typically can produce even better return but with some potential increased risk. 

I mean I am funding homes within 60 miles of Pittsburgh right now today for 10 to 40k EACH cash.. did 14 of them in June alone.. why go to all the trouble of sub too.. just pay cash and enjoy the cash flow. 

I would have trouble sinking $20K into this for exterior work. 

long term plan is to keep the house, do a heloc to take out enough to buy a 4-6 MF income producing property in a different state where i grew up OR just outright sell the house in one or two years. thoughts?

I know I need to start this process because my current cash flow is low and there is significant equity that could be used to produce more cash flow in a different property.  

The traditional rental has a nice return but my student strategy will produce a higher return, albeit with more work.

Since rates are so low, I'm thinking I could leverage this opportunity to purchase another income producing rental.

First set of plans took me some 3-4 weeks to produce.

The problem with a short-term rental though is that it's tough to determine/figure out the income producing potential of the subject property.