Its in Missouri, city water and city sewer. 22 pads all rent for $700 (POH) and currently all full. 

Hello,I just closed on a multi family property and the old owners told me they would not supply any appliances.They let the tenants know that the existing oven, refrigerator and washer were able to be used by the tenant, but would not be serviced or replaced.Is this a common practice?

Trails and forest behind the house, brand new gutters, 2 year old water heater, 3 year old A/C. 2 car garage with large, built in work bench.

Trails and forest behind the house, brand new gutters, 2 year old water heater, 3 year old A/C. 2 car garage with large, built in work bench.

Another thing to think about is the high relative cost of taxes to the land. didn't used to be that way.. but county governments, water districts  have found out ways to add FEES to the land.     

Depending on the lake you'll have municipal water and sewer or you may need a well and a holding tank - can't do a spectic system near a lake.I would not build it too specific for airbnb, keep resale value in mind and follow mainstream trends.

The house just had the electrical upgraded, basement water proofed, new roof 5 years ago, newish furnish, newer windows.

-Create another kitchen-Create another laundry room-Create a firewall in attic and main level -Add 2 hvac units with duct work-Add an additional water heaterOn top of all that we had to remodel everything and fix all its issues to make it an attractive rental.

If you don't know the cost to install a hot water heater you better start learning.

In the event of a downturn, if you’re conservative, perhaps you’re treading water instead of doing the butterfly stroke.