Most of the advice I'm seeing online focuses on apartment buildings but I'm not attracted to raising rent as a strategy and managing tenants & toilets as a job.

It sounds a bit nice and glamorous at first but, when you start to dig a bit deeper, it makes no sense to me.

its incremental depending on your renters our area is more concred with leed 140 compliance in buildings so i dont buy anything older than 1985 without a budget to convert the property. currently we have 100% occupancy in a high income area so having these amenities is critial for new buildings without enough Power for in Garage Car charging people with jobs and new Teslas wont rent. https://www.globest.com/2021/0... 

. - my financial situation: in a W2 job making about 40k a year (been here about a year).

Nice, I have family there!

Made poor choice in hiring first painter and the expense of labor and supplies - unable to complete job satisfactorily which will lead to a redo.

I am also extremely interested in Portfolio loans, but I have zero contacts dealing with those types of loans.Finally, I have an 'excellent' credit score, no debt at all besides 5 other rentals at 75/25 LTV (all cash flow positive) and a job that I claim over 100,000 in taxes, and have three years of consistent tax returns showing that.

And yes I do want to become very wealthy from real estate, I grew up poor and would like nice things so please don’t come for me on that.

Also, how frugal can you be with the $185k W-2 income, could put X away towards the reno each month - it sounds like a longer-term project, so that could build up over time Yup I would personally never lend on a job like this mid project.. you dont know if it was done right if all the vendors are paid etc..

Great job on grabbing this and adding it to the herd.