What was done:Painted inside and outPainted roofReplaced flooring with new laminate, tile in baths and carpet in rooms.Replaced the tub, vanity and lighting in the master bath and tiled the shower and floors.Replaced the vanity and lighting in the guest bath and tiled the floorsPainted and repaired cabinets and installed granite counters and subway tile backsplash.Moved master closet door from the inside of the room to the bathroomRemoved original closet door in hallway and moved it to the master bedroom so that the master had a "his and hers" closet.One of the smaller rooms had a cubby hole next to the closet so you could fit a small desk and chair.

Both insurance and water company has made the mistake.... even to the point where something came up about how parking garage is not allowed in residential neighborhood. 

So cities like Worcester or Lowell seem to fit the bill, but I'm very much open to new ideas and suggestions.Anyways, as I said before, I would love to meet/chat with any local investors, real estate agents, contractors, etc.

There's no such thing as a blanket, one-size-fits-all formula to use to calculate what's reasonable for S Corp shareholder salaries. 50% doesn't always work.

What type of neighborhood/location did you buy in?

I received this letter from the neighborhood community regarding my tenant in Denver CO (Littleton, Woodmar community if anyone is local) that goes like this:" I am writing you in regard to your rental property .....

Outside of those issues, the house seems pretty decent, is in an up and coming neighborhood and the rental income will cover monthly expenses (M/I, Taxes, HOA+Utilities) comfortably.

Outside of those issues, the house seems pretty decent, is in an up and coming neighborhood and the rental income will cover monthly expenses (M/I, Taxes, HOA+Utilities) comfortably.

(Assuming cash flow was the goal when you purchased)I’d then evaluate the loans, balances, potential growth of said neighborhood and select whichever property has the lowest potential to earn over the next 5 years.That’d be the one I’d sell.Good luck!

I’m looking at duplex in a very desirable neighborhood, where I want to live, close to a ton of amenities.