- Based on your experience, what should we expect for maintenance expenses? 

. - New roof- Gutter guards- New floors- New cabinets- Granite countertops- New stainless steel appliances- New tile in bathrooms- New light fixtures- New carpet in bedrooms- Fresh paint- Custom accent wall- Parking pad- New windows- New exterior paint- Updated light fixtures- Fans in the bedroom- First floor primary bedroom- First floor washer/dryer hook ups- Wrap around porch- Ample off street parking- Bonus room on 3rd floor What made you interested in investing in this type of deal?

New custom kitchen cabinets.

Our property management company is based in central Charlotte, about 30 minutes north.

Based on my research on the property can the forum please provide some guidance.Basic Info:  Purchased at auction for for ~$5000.  

It might be a weird time to pick up multifamily rentals since there is a massive apartment complex being built at the moment, but single family should be pretty safe.Also worth mentioning San Antonio is experiencing massive appreciation right now and a portion of that is certain to spill over into the Corpus area based on proximity and a lot of San Antonio residents vacationing there.

Researching similar rentals and noting renovations in your listing can attract potential tenants, with room for adjustments based on demand.

Obviously you are a minority - based on my anecdotal experience. 

-new doors (all of the interior and exterior doors are new, including new hardware locks, hinges, etc)-new kitchen countertop-new waterproof treated butcher block countertops-new large kitchen sink with stretch faucet-new extensive shelving in the large closets-new tubs, shower surrounds, faucets (brushed nickel)-new toilets-new vanities, sinks, faucets -new bathroom hardware (brushed nickel)-Bluetooth bathroom fans with speakers-custom recessed shelving -3 entrances to house: front, side and rear-historic rod iron fence in front yard (refinished) What made you interested in investing in this type of deal?

These typically do not require any personal credit checks and are directly based off the property in question.On top of the $10-15k as a down payment, do you have any capital to invest into the property?