There’s many brutal experiences from true disgruntled owners and tenants described here and in other sites such as google and yelp that I read and that are in line with my experiences  -2 COMPANIES, SAME OWNERSTexas Turnkey Properties (texasturnkeyproperties.com) and Real Property Management Preferred (htownrpm.com) are 2 companies owned and operated by the couple Shawn and Joni Wolfswinkel.

The wealth of knowledge on this site is amazing.

Each city gives you different headaches, forcing you to shed money like crazy.Plan about $200k for site built, expect rent of around $2500/month, plus appreciation of about $400k, just estimate.For Hayward, doing a main house expansion (900 to 2000 sf) and an ADU (1000 sf) at the same time.

I still remember people camping out at builder's site for a chance to be in a lottery to buy a new house, crazy times.As for your case, 500K for a quad is like Phoenix prices, doesn't seem like midwest prices to me. 

I stumbled upon the BP youtube videos which led me to the site.

It is the basement of our primary residence in which we clean and manage.

Hello, New to this site. 

I’m relatively new but I would suggest plugging in your numbers to the rental properties calculator on this site.

Besides simplicity and clean separation, the flipping entity might decide to choose a different form of taxation (S-corporation).

Welcome @Paul Bergagna this is a great site and community!