One day you might want to offload the responsibility to a professional management company.

Sounds like you should hire a professional bookkeeper to manage your financials on the day-to-day or month-to-month basis and have him or her report those earnings to a good CPA who is knowledgable about real estate.

But you will increase the value with an egress window plus you'll sleep better at night having done it.

You’ll also sleep well at night.

I'm quickly putting together a team of outstanding professionals to make this work. 

With my professional connections, I can get a lot of construction labor and materials at deep discounts, however I should plan for it.  

If it’s value drops 20%, you don’t get to sleep peacefully knowing you rent payments still come on the first of every month.

Stove replacement.I live in the basement and I like it, but I hate light when I am trying to sleep in, so basements are fine with me, except for last night when my upstairs housemate was putting a bed frame together at midnight and I thought he had set up a bowling alley.

This is my first post and I’m looking to acquire a 16 unit apartment complex in El Reno, Oklahoma.I‘m located in Seattle, WA so I‘ll need a very reputable and trust worthy professional property management firm.Any ideas on fees, I‘m thinking 7-8% of gross rents?

One of our very first episodes talks about how to make the most of your professionals.