I am paid a flat fee dependent on the ARV of the project starting at 500k, then 1k increments every 100k extra.

I have been seeing a ton of Job growth out here in Cedar Rapids, Iowa City Area and have been coming across more and more people from major cities like LA, NYC, and MIA because of the better quality of life, and more jobs moving remote.

Our experience - and industry data - indicates they either fail catastrophically in the first few months of use (manufacturing problem) while still under warranty, or last 8 - 10 years without major repair.Last year, we bought four sets at one of the Big Box retailers on a 3-yr, no interest, payment plan - our monthly payment on each set of machines is $20 less than the rent increment we collect.  

Might need to plan for financially to have significant turnover which will require rapid fire make readies (and sounds like upgrades). 

The incremental increase in cost is minimal. 5000 Btu is for 1 regular size room max.

You're paying down your principal rapidly on the primary mortgage so you're equity is improving by $16,000 per year on a very low equity ~$36,000.  

Minimum scores will vary slightly from lender to lender, but guidelines and cutoffs are in 20 point increments (580, 600, 620, 640, etc.) 

A perfect retirement spot, I can see myself riding a good horse, having all my toys in the barn, knocking the ball around, kayaking in my backyard or just jumping in and sitting on the rapids having a cold one.

Hello all,I'm the process of turning my first house in to a rental property (SFR on the SE side here in Grand Rapids).

I am a new from Cedar Rapids, IA that is ready to jump in and start making things happen in Real Estate.First, thank you @Joshua Dorkin  and @Brandon Turner for doing the podcast, as the podcasts are responsible for my initial interest in RE investing.