With furniture, decor, etc added in...it was about a $350,000 purchase to get into the nice rental that it is today.

If you enjoy fishing, hiking, biking or pretty much anything in the outdoors then you definitely wont be bored.

I used the furniture route because it was movable and it was easily usable for other projects in the future. 

But its doesn't seem to be a capital expense I would think since they aren’t furniture?

This is an outdoor enthusiast's dream property perfect for outdoor activities like grilling at the outdoor kitchen, roasting marshmallows by the fire pit, or hiking the trail through the back of the property.

This is an outdoor enthusiast's dream property perfect for outdoor activities like grilling at the outdoor kitchen, roasting marshmallows by the fire pit, or hiking the trail through the back of the property.

This is an outdoor enthusiast's dream property perfect for outdoor activities like grilling at the outdoor kitchen, roasting marshmallows by the fire pit, or hiking the trail through the back of the property.

This is an outdoor enthusiast's dream property perfect for outdoor activities like grilling at the outdoor kitchen, roasting marshmallows by the fire pit, or hiking the trail through the back of the property.

Large deck and patio allows for outdoor fun, BBQs and more!

Purchase Price: 136,400Cash to close: 31,400 (20% DP, some closing costs, some things escrowed)Furnishing: ~7,500 (this includes everything: some appliances, furniture, 2 sets of linens for 5 beds, consumables, and much more)Unforeseen repairs: ~5,500 (re-do HVAC, new water heater)Total initial investment: ~44,000PITI: 850/mo.