With a can of pop going for $7.00 and a cup of coffee going for $5.00 and breakfasts going for $20.00 and lunch at $35.00 per person these costs add up fast!

This constant focus of newbies on rapid scaling and unreasonably cheap furnishings fixtures and equipment are no guarantee of success.

Those first few properties, everything you need to do (turnkey or light rehab) will all be on Youtube University if you aren't sure how to install floors, paint, fixtures, etc.

However, I would love to grab a cup of coffee and connect!

Furniture - although you'll be able to get it more cheaply en masse - a lot of furniture and towels, fixtures, etc. will need replacement more often3.

In my opinion, it wouldn't work in many markets as renters wouldn't care, unless it saved them money, which would mean any increased rent would be minimal...however, in California I think there is a slight chance you could market it as a "green" house and have the potential to charge a premium, but I think this would involve more investment in other green efficiency appliances/fixtures and may increase vacancy times. it could be worth the research, but I doubt it would be worth the risk

MTR's are not my cup of tea, in the slightest, but coining and use of the term and differences in the business model- it's happening.

Many parcels outside of urban growth boundaries must have a CUP (conditional use permit) before they can be used as a residential site.

It consist of new bottom and upper cabinets, granite counter tops, new stainless steel appliances and very nice counter top fixtures.

.#2 Explore Lowes and Home Depot to Learn About Material PricingTake a tour through Lowes and Home Depot (or their websites) and look at finishes materials and fixtures that you will consider using in your rehab projects.