Initial cashflow if we rented the whole place out would be $150-200/month (plus potential extra income from occasional AirBnB bookings of the bonus room with its own separate entrance).

If Vegas every feels a burn for anyway that company is going in the toilet quickly..Food for thought

You would think that people would take into account the extra cost of paying their own utilities, but doesn’t always happen.

Even an extra week or two of vacancy would be worth it if I can get rid of the water bills.Thoughts?

I wasn’t considering the extra equity that I gained in my calculations and I was counting my mortgage being paid by the tenant adding to my return over time.

Purchase price: $55,000 Cash invested: $70,000 Sale price: $173,000 This was a medium rehab where the roof needed to be partially repaired, extra 1/2 bathroom added, cosmetics, & flooring was done.

Purchase price: $55,000 Cash invested: $70,000 Sale price: $173,000 This was a medium rehab where the roof needed to be partially repaired, extra 1/2 bathroom added, cosmetics, & flooring was done.

A 5-Star review referral or repeat client is better than bilking someone for an extra grand.

Why burn that bridge over a $15-20 dollar charger.

I was also on the fence about mailing either monthly or every 3 weeks to get as an extra touch every quarter, what are your guys' thoughts on that?