Quote from @Jason Kudo: I have a property in the Joshua Tree market and it's doing fantastic.That's great for you :-) However the OP might want to know if you paid cash, have a loan, at what APR, and all that good stuff that could make the difference for him having a decent ROI.

A DSCR loan is one of them, but with the rent only being $700, chances are you'd need to go with a no ratio program to make the numbers work.

Rich Dad Poor Dad is a solid start—it definitely opens your eyes to thinking differently about money.

Thanks Joe are you making money with his deals He seems to get some good one

You have to keep in mind you make money in real estate in four ways:1.

It will also make year end accounting and reconciliation so much easier and showing your assets vs liabilities for future lenders - whether traditional or hard money. 

Hopefully this makes sense. 

If you are a large enough operation where you have employees then it makes sense.

Projects can also take a lot longer, and cost a lot more money, which can have a significant impact on your bottom line.

Make sure the vents or fans are clean and working properly.