Highly recommend Simplified Management/Rentals.

We have found the biggest benefits of self-managing our rental properties to be:1) Exponentially Higher Cash Flow2) Higher Quality tenants and therefore rentals3) More time freedom from your optimally performing portfolioAre you self-managing or using a property manager for your rental properties?

Friedrich, I'd recommend starting with high level strategy and work your way down to granular tactical action steps which will help you identify where to focus time, energy, and resources.On a more tactical note, with $50,000 it will likely be very hard to find deals that cashflow in bigger metro markets like Charlotte, Raleigh, or Charleston.

Hello Pedro, I am not an expert on your particular market, but that cost to build sounds low for the kind of high end/custom build you are describing.

I had one contractor tell me his fee would be equal to 15% of that.Does this sound high for a single family home reno project?

I am aware of the Sewage issue and i am aware that in this high interest regime it won't be a cash flow property.

@Anthony Finger I will PM you with a manager for Akron/Canton that friends speak highly of. 

I was starting to worry because I don't have a high occupancy for summer months yet, but am noticing that the majority of guests are typically booking 3-4 weeks in advance.

I highly recommend starting by tuning in to the BiggerPockets podcast.

One - Heloc rates are very high right now in most cases 9.50 to 12% and are usually over 10-15 years.