Happy to connect with you this Sunday morning.

Hi Carlos.Property Management is divided into a couple of areas though people often refer to it as "property management". 

Consider dividing investments between Colorado and Iowa, using low-down payment alternatives, and looking for properties that include ADUs or multifamily residences.

A house was just listed this morning for $650,000 that is livable, needs significant cosmetic updates – it looks like it hasn’t been updated since the 90’s, does not look like it needs many, if any, structural updates, and is directly in the Salem downtown area.

I exercise twice a day, the gym in the morning (weights), then I hit the treadmill at night and my eating is pretty tight.

Then I saw a listing for a home in a community clustered around a tiny lake that rested between the granite peaked Thorodin Mountain to its East and the Continental Divide to its West.

Rates for DSCR on a purchase today with good FICO should be in the low 7s so just run Market Rent Divided by estimated PITI and if you're above 1.0 then you don't need to worry about the appraiser's opinion of that basement (my gut says appraisal gives no credit to projected rent out of the unfinished basement... but perhaps it doesn't matter?)

Here is my raw advice from my experience: - Divide up contractor payments into 4 (1st before project start, 2nd 1/3 of the way there, 3rd 2/3 of the way there, and 4th after project finishes).- Tell him if he can finish the project within the date, you will give him an extra $500 but if he does not finish then he won't get it. - Call every 2-3 days to get project updates - Pay for materials with your lowes pro business credit card over the phone - Ask contractor for itemized list of things that needed to be doneThe above will ensure your sucess.

The next morning , he handed me a new offer with 1% and 20K over asking . 

Clearly at the time the land was divided and sold, it was considered acceptable to building houses on this size lots, even with septic.