Finally, map out your expectations for future rent increases, and work to reconcile your expectations with theirs over the long term. 

Purchase price: $145,000 Cash invested: $88,000 Sale price: $350,000 Was planning on this being a semi-permanent family home... but of course a deal that was too good to pass up came along, and so we sold it in a hurry to purchase another single family.

that they'll give you the final step-up after improving and holding for 10 years.  

Keep that in mind for your final outcome/bill!

We finally moved forward with SF because we really wanted to start getting our feet wet and were spending too much time spinning on MF without results.

What was your first step to being a realtor investor, what mental hurdle did you overcome to finally take the plunge and purchase that first home?

Even then that is subject to verification before final terms are given.

We’re need to finalize by december. 

We finally ripped up the LVP and subfloor and put down tile ourselves.

Where we manage properties in SE MI there are places that it is expected landlords will supply appliances (hot water tank is not an appliance in this case and actually required by law) but also a lot of places where it is the exact opposite.