My question is this, would the cost of upgrading the panel and adding the mini split make sense for a rental?

However, several factors come into play, such as state laws, regulations, asset protection strategies and costs (widely different, e.g., California vs.

This seems about right for the scenario, yes Non QM and DSCR can have slightly higher rates but if the benefits of the product outweigh the cost, you've got your answer as to if the value is worth it.

For this product most lenders will go off of the purchase price plus your rehab cost for a conventional loan.

As an investor in Atlanta, you'll eventually connect with others implementing this strategy.

Mortgage, Taxes, Insurance, HOA: $3040.37Estimated rent: $2475Total Expenses: $3660.12Vacancy (5%): $123.75Repairs (5%): $123.75Capital Expenditures: $100Property Management (11%): $272.25Information when I bought the house in 2022, new constructions Purchase Price: $373000Purchase Closing costs: $4662Current home value: 400k-420kCash Flow: $2475-$3660.12= -$1185.12; -$71107.2 at 5 yearsCash on Cash Return on Investment (CoCROI): 0%Appretiation per year (6%); $535,290.23 at 5 yearsEquity: Loan value $345,089.53 at 5 years; $190,200.47 in equity at 5 yearsLoan Value today 6/2024: $368,201.59Total ROI in 5 years= (Total profit/Total Invested capital)/ Time (in years); Total profit: $190,200.47Total Invested: $71107.2 (neg cash flow) + $42757 (closing sale costs)= $113,864.20Total ROI (5 years)= ROI 67%, annualized ROI 10.8%My biggest concern is that I am relying solely on appreciation and assuming will appreciate at 6% per year. 

Insurance would cover legal costs.  

Low cost, surprisingly beautiful home for the money.

Partner Driven financed the Spruce Street acquisition using its own capital, covering both the $200,450 purchase price and the $16,000 renovation costs.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.