@Adam Triplett do NOT rely on programs or others to screen applicants for you - until YOU understand the screening process!

So, as of now my understanding is she is moving out without having to file eviction.

If anyone has any recommendations or connections to any companies that do generally anything in real estate that will help develop my understanding of the market in Boise, please contact me.

With the understanding that the Northern VA or MD area is the richest metro area in the country thus not many distressed properties are available to explore, I am thinking of looking into some other areas such as Prince William County and Montgomery County. 

Hello everyone my name is sigyfredo and I'm 21 years old , so I want to start investing into rental properties and start flipping houses, I do understand that reading books will help me increase my knowledge, but wanted to ask the bigger pockets community what are some other ways y'all did to increase your knowledge?

Use an online calculator like AirDna to understand what your income would likely be from the STR before jumping in.

Understand this would be highly dependent on finishes etc.  

Let's break things down, hopefully, I am understanding everything correctly...Exit Strategy 1: Full Rehab and Rent IncreasePros:Higher ARV (After Repair Value): This strategy could potentially increase the property's value to $126,000, allowing for a higher cash-out refinance amount.Higher Rent: After the completion of the Scope of Work (SOW), the rent could be raised to $1,000, generating more monthly revenue.Long-Term Value: Completing a full rehab could increase the property's long-term value and appeal, making it more competitive in the market.Cons:Higher Initial Investment: The SOW budget is significantly higher at $15,750, requiring more cash upfront.Vacancy Risk: Asking the current renters to vacate for the rehab introduces the risk of vacancy and lost rental income during the renovation period.Longer Timeline: The rehab process and finding new tenants could extend the timeline before the property starts generating its anticipated cash flow.Exit Strategy 2: Minimal Repairs and Keeping Current RentersPros:Lower Initial Investment: With a SOW budget of just $2,500, this strategy requires less cash upfront.Quicker Turnaround: Completing minimal repairs and keeping the current tenants can significantly shorten the timeline to start generating cash flow.Reduced Vacancy Risk: By allowing the current tenants to stay, the property continues to generate income, avoiding the risks associated with vacancy.Cons:Lower ARV: This strategy results in a lower ARV of $110,000, which affects the cash-out refinance amount.Lower Rent Increase: The rent increase to $900 is less than what could be achieved with a full rehab.Future Repair Costs: Minimal repairs might not address all the property's needs, potentially leading to higher maintenance costs down the line.Financial Analysis:Cash Flow Considerations: Both strategies provide positive cash flow before reserves, with Strategy 1 generating $160 and Strategy 2 generating $148 monthly.

I understand both sides and there are stress factors to each.JD's comment has a lot of validity and is a very real concern.

So even high 6 is still making sense sometimes.But buying cap rate 3 or 4 then 95% chance you would lose money, this is basic math that even veteran investor sometimes doesn't understand.