Short of that your going to frustrate yourself.Real estate by and large and I know some on BP will disagree but by and large its a capital intensive business that is a long game...

(Note: It doesn't always work out finding a local partner but that is our objective)At what point do you travel there?

So $11,222 times 22% is $2,468 - leaving you a true profit on the house of $8,754 for an all encompassing 6 month intensive project that you will likely feel lucky to get out of with that profit, because you did your very best to minimize expenses along the way.How do you quantify this number?  

I felt they were probably looking for a temporary situation and the possibility of moving back if things didn't work out for them, so not probably long term.

I'm considering a value add if the construction costs work out to add a 2nd bath (either full or half) to one property than is a 3/1. 

I would really like this to work out, I want to be a landlord and hopefully own 5+ more rentals.

Vernon will enact any in the future, but generally speaking properties outside of city limits tend to have less pressure to enact restrictions.It's always important to have multiple pivot options if your initial strategy dosen't work out.

It could work out nicely or it might not, you'll need to decide what you want to take a risk on.

Any issues you encounter in the beginning time will work out for you.

I am more concerned about calculating accurate expenses and how operationally intensive it really is.