Ultimately, we'd keep repeating this pattern until the project was built out and fully rented, essentially using the BRRRR strategy with new construction. 

Think of it this way: you're essentially paying your tenant $7,200 a year to live in your rental.

It can work both ways essentially.

Essentially they are working to become a one-stop shop.The property management feature assigns you a rental manager.

I will be adding value by remodeling the kitchen and bathrooms.

One of the partners is a physician and essentially a passive partner, so we were able to purchase this under his name with the Physician's Loan, which is a loan offered by a few banks.

California, Stockton single family needs a total rehab - Roof, paint, kitchen, bathroom, all rooms, flooring, yard, electric ... you name it.flexible start ~ Nov - Dec Looking for a good contractors with a reasonable cost. 

Hi BP Community,My wife and I are rehabbing our bathroom in our first rental.

We also bought the house with an unpermitted addition (large bedroom and bathroom).

I was firm with the tenants multiple times over text/in person and essentially hardballed them with a strict deadline saying their items may get damaged by contractors by this date, and they ended up clearing everything out.Didn’t have to pay them any cash, hire an attorney, build a shed, or pay for storage.