Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.

Once before the lease signing and often at the lease signing.

Get the biggest house you can afford and rent the other rooms out to military with BAH.1.  

@Shawn NofzigerHi Shawn,I came across your post and while I am a long way from Lansing, I work with a ton of new and aspiring investors and the challenges they have getting from idea to action. 

Congrats on the remodel as I imagine it is done by now.

So i'll either find the deal or find the money.What do you guys think of this?

When my places with section 8 tenants are inspected yearly the inspectors just want to be sure that the paint isn’t flaking and thereby causing a situation that a small child may ingest the paint chips.

Maybe this would also make it worthwhile to jump through the city hoops to make the basement a legal unit.Then you could maybe put a LTR in the basement who could assist with the STR in the main area.

After working a long night shift that ended at 6:20 AM, I shut my eyes and prayed, thanking the Lord for the day and asking for rest and guidance.

@James @James Mays yes I do and it's exactly the same.Good Investing...