Cash invested: $120,000 Sale price: $180,000 Full rehab of single family home.

I am also trying to utilize the first-time home buyer down payment assistance program, but the site says they don't allow investment opportunities.

With that said, you could at least obtain some "ball park" figures by reaching out to professionals who typically perform/complete routine and major home maintenance.  

As always, thanks for the tips!

It only applies to your homestead (personal home), and it amounts to less than $500 for most people, and doesn't go into effect until 2025.

Tons of 2-4 family homes all over the city.

Only exception is "blood or flood" emergencies (everything is an emergency to a tenant).3) whatever your tax professional recommends.4) Any way but NOT picking rent up or accepting cash - unless tenant direct deposits to your bank account.5) You'll want to improve your lease over time as you deal with tenant issues.

I can definitely say that while the bigger fire we had was a pain... it actually worked out really well... in the end we had a much improved property, and we stepped in and did as much of the work we could do ourselves that the insurance company was compensating us at  'retail' rates for... like painting, and replacing cabinets, and other simple tasks.  

I inherited my stepdad home unfortunately because of his passing...I have always wanted to do the Airbnb venture and thus unfortunately gave me the opportunity.

We've used Mid South Home Rentals (Arlington,Tn) for over 12 years now with good success to manage our doors.When you say Mid South be sure we're talking the same company as there's a Mid South Best that's not the sameIt's OK to use another realtor to search (found several on my own) but always have them check area & expected rent to do numbers before purchasing.