It helps with cash flow and offsets your mortgage costs while you gain more experience as a landlord.

Quote from @Stephanie Cruz: This is the first post I clicked on this forum and I felt called out, so I added a photo and a bio.

Purchased with minor updates to modernize the space, it now serves as a high-performing long-term rental property.

Purchased with minor updates to modernize the space, it now serves as a high-performing long-term rental property.

This has been asked and answered many times.Ship to house or your cleaners.Have cleaners setup stuff or hire a handyman for stuff that needs to be assembled. 

I've heard of people having pretty good luck with mid term rentals in Rochester because of the Mayo like you said.

I’m buying the property with equity partners…………..I don’t have any money personally to invest5.

If pets are allowed by the HOA I would strongly recommend you consider allowing pets as more than 50% of travelers travel with their pets and that will make your priority more desirable.

I currently only have 1 duplex, however I want to set this up right so it will work for any size portfolio.Currently I haveHome folder>multi family/single family/legal documentsInside the multi family I have Name of property-> general property maintenance/first floor/second floor Inside of first floor (the one currently rented)I have, pictures (before and will have after) / lease documents / a spreadsheet with each month, what day rent was paid, if it was late, if late was fee paid?

Cody,It is not easy with low down payment and  with current prices, property taxes and rates to live for "free" these days in most of the country.