If house won't need anything for at least a few years, and the neighborhood isn't too bad, and your market doesn't have anything better, then it may be MINIMALLY acceptable.

Loans are subject to minimal loan amounts.

My guess is minimally the owner self manages and doesn't account for that at all.

We formerly had this functionality, but the groups very quickly became little more than areas where spammers could go and pitch/promote their wares.

I would not use redfinThe A/C and dishwasher can only be counted if they were installed after the property became a rental and both those items would be depreciated over time - not a single year.With that rent vs expenses you are likely to report a profit every year so you do want an accurate cost basis to start to minimize the taxes you will pay.

Leave reference to commercial venture out of your post.And, since you're trying to pitch a discussion, it ought to be relevant to readers and compel them to chime in.

I would not pay for any investor training seminar.The ones I've attended have been very short on detailed, actionable information and long on sales pitches to get you to sign up for their next level of training.Being both a licensed agent and an investor has its benefits.

I asked him about going to a cheaper shingle and he pretty much said there would be minimal cost savings....but I guess that's for me to decide, not him.

Finally after about three years of that, I was relatively confident my calculators were conservative enough for my liking and I felt I was ready to invest, only problem was I had literally less than $1,000 to invest.Rather than let that get me too discouraged, I decided to find an investment, develop a pitch and meet with some friends who had some money sitting in a savings account at <1% interest.

Basic Stainless Steel Appliance Package: $2,500 (frig, stove/oven combo, vent hood, dishwasher, with labor to install - we do not include microwave)New Roof: $4,000 (new tin roof - prices vary greatly depending on # of squares area on the roof)New Carpet: $2,000 (includes new pad with aprox. carpeted area of about 1000 sq. ft.)Bathroom Remodel: $2,500 (new ceramic tile shower stall, new ceramic tile flooring, new vanity, mirror, light fixtures, sink, and faucet fixture)Paint Interior: $3,000 (includes painting and some general drywall/finishing prep work)New Vinyl Siding: $3,500 (covering existing cladding with vinyl siding)Paint Exterior: $2,000 (2 coats of exterior paint, minimal prep work)All of these are VERY basic estimates based on a house with 1400 square feet of total interior space.