I've got my eye on crunching numbers with the Debt Service Coverage Ratio (DSCR) to keep ahead of any potential market dips.Cheers,Keeya

I would have around 60k in the deal with no major repairs.

So the lease will be higher than the advertised rent, they will be responsible for minor repairs, they are responsible for obtaining the proper licenses and pay all the taxes for their business operation (If you don't do this, you will regret it one day you see a tax bill that you as the property owner who are responsible for), and they required to have a STR insurance policy. 

There are opportunities for both residential and commercial properties, and the state's economy has been relatively stable, making it an attractive option for investors.Thank you for your service in the Navy, and I wish you all the best in your real estate investing journey!

Let's say the appraisal comes in at a good value after repairs/renovations, should I refinance? 

Assessing each lender's timeliness and quality of customer service is another benefit of prequalification.

Tax Considerations: What taxes should I be aware of for property management services, even if the properties are mine?

Tax Considerations: What taxes should I be aware of for property management services, even if the properties are mine?

Love the heat pump systems - though in our experience, they can be very pricey to repair.

THATS how you add the value, by repairing the defects, kicking out squatters, painting over spraypaint etc.