Purchase price: $204,000 Cash invested: $30,000This deal was an almost brand new construction in an up and coming area on the outskirts of Houston, TX.

Just make sure you set enough aside for capex, vacancies, unexpected insurance increase, taxes, tax professionals, and local considerations (excessive heat? 

My parents asked for a modest increase.

This is a business after all.Maybe keep her on a month to month so you can increase accordingly later.

Hello BP people. I have a very good friend who has been pushing me to get into Real Estate inventing for years. My wife and I met with our friends, received advice and guidance from them. That advice led us to Bigger ...

Quote from @Terry Ouimet: Same, FL  beach house .. balancing increasing operational costs with lower ADR‘s and increased competition.

In my smaller cabins, we have Keurigs and a pour over coffee maker but I have actually started to move away from Keurig to other K Cup brands.

so raising the rents might be the smart thing to do but it won't increase the value.on the cash thing - no, nothing to do with the renovation. 

.- Other markets have continued to see price increases, mostly because of strict supply.

Building a strong brand around the experience is key.For lower-cost land with fewer restrictions, check out Blue Ridge, GA, or the Ocoee River area in TN—still close to Atlanta with growing tourism.