Investment Info:Condo buy & hold investment.

You may still be able to hold the first tenant to recoup some of the rent lost if the replacement lease is not a fully executed lease.

There is a niche market for 1/1 rentals, but most people want a little more space (either a kid's room, or a home office, or even just space for furniture that they want to hold onto). 

If you want to hold it, then a long term rental is the way to go.

Our goal is to build (and/or acquire) an investment portfolio through viable flip, buy & hold and wholesale deals. 

Investment Info:Single-family residence buy & hold investment.

If I have to then I go with modular prefab units from lowes.Flooring is LVP all the way, Smartcore from Lowes b/c it is all vinyl so no water problems and seems to hold up better than the cheaper grade LVP.Remember, you are renting out a class B property, not a luxury house - it is unlikely that you will recoup the cost of higher quality finishes.

I've also been reading a few books and I am particularly interested in buy and hold properties, however, I do have an open mind towards all aspects of real estate investing. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Wanting to discuss structuring rental property LLC's with holding company (management) LLC.