But we have a 2.25% interest rate on this house that would cost a lot to try to buy down to that rate in today's market.Just something to think about as you are looking at properties, maybe ask the seller or listing agent if it is possibly a VA loan and how you might be able to make a deal if they have a great rate already.

Remember, the cost of a mini split is really driven by the number of head units inside and not the outside unit. 

We work hard cut costs as much as possible, everywhere that we can. 

Building a true buyers list requires networking and effective marketing channels, especially if you have the capacity to expand beyond your local market.

Now that there is no overhead cost of the mortgage, how much should I charge my tenants?

My main concern is the cost of turning the property into a MTR especially with this being my first property.

If you are a flipper, your real estate along with related costs are considered inventory.The bare minimum feature within Quickbooks is to have the inventory feature.

The contractor will be your best resource to understand cost of the design; the earlier you identify value engineering opportunities, the cheaper it will cost to incorporate (Google: ‘Macleamy Curve’).

If the property can be respectably sold for $250 you have to be all in at around $200 including the commission and carry cost.

Florida home prices are high, and insurance costs are increasing.Management: Currently, I manage the property myself, which has been relatively easy.