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

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

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

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

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.

I plan on living on 25% of that and using the additional 75% to invest.

.: My partner and I have just started a house flipping business and plan to use local workers whom we trust and who have done remodels on investment properties for us before.