You will need these for the 1099.I highly suggest that you obtain some kind of documentation of any work done. 

My background is in building, with a degree from TAMU in Construction Science, and I'm currently a project manager overseeing new construction and remodeling of high end custom homes in Houston.

Don't get stuck on the high rent if it's not reasonable and/or if it's not making money.

Super easy to do.Should I hang them on the side of the house up high or put them on the ground down low?

If your property was in a downtown high rise, walking distance to the Action then you would have a demographic willing to pay for it.  

You will likely be in the high 7's or 8's right now but my heloc went up several points in a short time and that could happen again. 

That's kind of hard to stomach, and that in itself could be the cost of another SFH in my area.I also just despise paying high interest in general, so admittedly part of my reason for considering paying down the new mortgage is for peace of mind.

RE is highly cyclical and down markets can be painful for years…especially with leveraged properties.Good luck out there :)

.: •Curbio develops a strong reputation for quality and efficiency•Homeowners are attracted to Curbio’s ability to get things done efficiently, reliably and cost-effectively (no nightmare renos that go on forever)•Curbio continues to enlist realtors as strategic sales partners, by devising a referral commission program for them, to mitigate channel conflict•Curbio maintains sufficient decision-making control (e.g. project types; material & appliance options)•Homeowners are given sufficient preference choices within strict guidelines (e.g. color palettes; good-better-best options materials)But I suspect one of these two growth scenarios for Curbio might happen beforehand:•Expand current offerings to owners of rental properties•License technical infrastructure and processes to qualified contractors

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.