Here are some of the SKU’s we used:Material list (Interior):Wall and Ceiling Color – Aged Beige (Behr PPU 7-9)Trim Color – Riviera Beach (Behr PPU 7-7m)Door Color – Rolling Pebble (Behr PPU 7-23)Flooring – Hampton Bay High-Gloss Natural Palm (822-042)Carpet – Arabesque (1000-019-537)Interior Doors – Jeldwen Continental-Style (729-608)Living Room Light – 13” Bronze 2-Light Flushmount Twin-Pack (790-545)Dining Room Chandelier – 3-Light Bronze Riverside by Progress (661-224)Baseboards – Pro-Pack of 7/16?

Back in the day when I was your age I went through the same dilemma.

@Chris K. the tenant is a middle aged single lady who works from home and is quite well to do.

I am an extremely young investor, at age 17, and am currently working as a wholesaler for my mentor in the Houston area.

It depends on the age and condition of the property.

No any repairs due to normal aging and wear and tear are on me.

Depending on the age, location and condition of the property, 45 to 50 percent expenses (including vacancy and annualized capital improvements) is a darn good rule of thumb.Tax advantages are helpful, but don't equal cash flow in importance.

Many years ago, you could sell your personal residence ONE time in your life, at age 55 or older and take the first 125K tax free(250K if married).

& inside an expertly drawn neighborhood polygon), size appropriate (+/- 10% sf and similar lot size), age appropriate (similar construction date), and condition appropriate (they've been remodeled/rehabbed).

My time is better spent on bigger transactions and I increase my ROI.National apartment lenders want certain properties such as population levels above 80,000, door price above 40,000 a door, age of the building past a certain year, location urban core to some suburban to minimize risk.When you get into more suburban to rural areas where deals can be had you are dealing with more local to regional banks who have a presence their and are comfortable lending in those micro markets.