Pace Morby and others who teach SubTo have due on sale plans in place and teach others how to create one as well.

It's great to see your detailed plan for investing.

It's also important to plan the timeline for each renovation aspect to understand how it impacts rental rates, cash flow, and property worth.

The major one in our area, for example (major metropolitan city) will still plan on requiring commissions to be posted in the MLS.

@Brock Mogensen, starting close to home in the greater Sacramento, CA area sounds like a solid plan for me.

Are you planning to invest locally or are you open to investing out-of-state?

I plan to work on this project myself and need some assistance in selecting the right type of flooring and approach for the bathroom.

How do I put together a business plan for this?

I'm planning to getting my feet wet with an actual investment, specifically in the LTR space in Philly -- where I'm currently based. 

Can't wait to see you grow.If you're planning to invest out-of-state, I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.