For cars, let the tenant know there are charities that will haul them off.

Being more active here and in a few fb groups I've joined is pretty much my strategy to initiate those relationship. thanks again for response!

The personal money for the initial down payment is considered 'capital'.

Currently, I’m finalizing preparation of the 2 spare bedrooms for medium-term, month-to-month rentals specifically for traveling professionals. 2020 Update: The tenant that was initially placed, did not work out, after 2 months, the tenant moved out in Jan. 2020.

Currently, I’m finalizing preparation of the 2 spare bedrooms for medium-term, month-to-month rentals specifically for traveling professionals. 2020 Update: The tenant that was initially placed, did not work out, after 2 months, the tenant moved out in Jan. 2020.

I'd recommend a rent ready property initially when investing at a distance.

Our biggest investing mistake so far was trying to do everything ourselves initially.

Finally, in October, we had all three leased up and refinanced ($50k of initial $200k capital retained as equity).Deal #'s: $398k purchase price, 20% down conventional loan, $120k renovation costs ($33/SF), gross rents $6000 / mo2021: With my 12 month sabbatical coming to an end, I said f*** it, decided to pursue RE full time, and submitted my formal resignation.

Hello Jennie, relatively new myself but my initial experience with each is:1.

I would use $700 per unit as rent for your initial calculation - I'm assuming you aren't going in there on day 1 and raising all rents to $800?