This is my first Brrrr When did you purchase the property and when are you anticipating completion of the rehab? 

Quote from @Jonathan Snider: I have been saving up for a while to purchase my first STR.

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

I am a resident of Virginia and purchased a rental property in West Virginia during 2024. 

The lender For the DSCR loan uses the $195,000 purchase price plus the $45,000 To come up with the purchase price plus rehab.

Purchase price: $122,000 Cash invested: $41,000 Value after renovation $175,000.Closing $ 31,000 Renovation $ 10,000 How did you add value to the deal?

These are things at the high level I want to be looking at for all my real estate purchases. 

I have an Acquisition Analytics service for Business purchases that are under $5mil in revenue, that I do with my Bookkeeping Firm.

Some of those included those previously mentioned windows.  

I am new to real estate investing and purchased my first LTR November of 2024.