I tried using Cozy.co for tenant screening, but didn't have many willing to go through the process (which may have been the area my property was in).

I want to make sure I've covered all my bases and choose the path that's the surer route to reaching my goal.Any/all advice is welcome, and thank you for your time!

Another vote for gutter covers here.

Budgeted $40k with my contractor but $50k in my financial analysis, so yeah, we should be able to cover this one...everything you read says you will make mistakes, no matter how much practice and prep and mentorship.

In fact, many invest in a group of stocks tracked and known as the "Dividend Aristocrats", which are companies that have raised their dividend every single year for at least 25 years straight ... on top of that they track the "payout ratio" which computes the percentage of earnings that are paid out as dividends, to ensure that is stable, has some margin, and the company for example is not having to take on extra debt just to cover its dividend to investors.

Not only should the rent from the main house cover the majority if not all of the rent, so you could live for free, but then when you move you can rent out the guesthouse that you were staying in also and have a Cash flowing duplex.

We have the cash to cover it but would ultimately want to immediately free it up for the repair costs.

Builders warranty is also something that looks great for an investor. 1 year covers materials and workmanship2 year coverage on all mechanical/ electrical and plumbing 5 year leak protection internal or exterior infiltration 10 year structural Love to hear thoughts on buying new construction?

Basically this makes the insurance useless even though they claim to cover up to $8,000 in repairs of a damaged sewer line.

That's usually based around the theory that this way you can screen the tenants, gets rents to where they make sense for your deal, etc...We're closing on a triplex and everyone is on month to month leases.