One good startegy is to BRRR (or better BRRARR) a property - the financial sustainability of the approach over the life cycle of the investment is usually not pointed out sufficiently - a fully improved property will yield higher rent and require little money for repairs and maintennace in the first 10-20 years.

Hey Kristen,I would definitely do an in-depth ARV analysis and then have funds aside for improvements if the market can handle the forced appreciation.

Debated taking the risk of making some improvements while I'm in it....flooring, paint, etc. and trying to house hack it, but didn't think the margin was there.  

most streets and neighborhoods are improving there. 

Please tell us more about yourself in your profile, so we know how you might fit in with our investment path. 

I was expecting 7k in repairs and improvements.

The property is broken down into land value which is non-depreciable and improvement (building) value which has the 27.5 year schedule.

(I dumped my original lender) We closed on time.The violations weren't an issue because they didn't come up on the title or appraisal, already in the process to get them rectified.Now, need to start thinking of how to lower that rate and roll the 25k worth of capital improvements into the new loan. 

We would love to learn more about what you are looking for in property management software and how you feel RM might be improved upon.

My parrot has been telling bad parrot jokes for the past 24hrs and said he won't stop until I update "his" BP profile pic... ps.