Here are some insights and advice to help you navigate your real estate journey.Fix-and-flip Points to Remember:Make sure you comprehend every aspect of the renovation process, including precisely predicting expenditures and adhering to deadlines.For the refurbishment process to go more smoothly, establish connections with reputable suppliers and contractors.Always keep an emergency money on hand in case something unforeseen comes up when renovating.Financing: Look into financing choices for prospective rental properties as well as fix-and-flip projects.

I don't claim to have a crystal ball to give a time frame, but I think in the next 7 years we should experience a better market (at least to some degree), giving you a chance to refinance into lower rates if you wish.No point in locking in a 30-year fixed when the rates aren't incredible to begin with.

Hoping to get the ball rolling on some mid-term roomies. 

A quick eye ball measurement tells me the total counter SF including the backsplash is no more than 24 ft of material.

To precisely compute deductions and guarantee conformity with IRS regulations, it is essential to maintain thorough records of rental income and expenditures.

.…. without a crystal ball it is impossible to answer.I have a friend that has a mortgage free1M dollar property he rents for 5K per month.

Thx The ball is in your court.

I would advise to be a little more precise in what you are looking for in terms of approaching someone for a partnership. 

Of course, this is all fully disclosed in the lease and my policies.I also have a policy against animals owned for less than one year (puppies, kittens, or newly adopted animals) because those are the most likely to cause damage.EDIT: to be more precise, I would not allow the tenant to stay with the animal.

How can we get the ball rolling on this?