If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.

@Mike Levene cost to build per square foot is $200-$300 depending on finishes.So, you can start with that.

In moderate- or low-resource areas, developers also need to hold a public meeting within 45 days to gather feedback.

You'll need money for: closing costs, down payment (if any), operating capital to get the construction/rehab started (most HMLs reimburse you in draws for the work completed), along with some liquid reserves on top of that.

NWA is really growing, lots of great opportunities for investments and the cost of living is still affordable.

This is one of the best ways to scale a portfolio while keeping low out-of-pocket costs.Big Picture: The Best Move for You•If you need funds now, a HELOC in your name makes sense—but keep the rental in your personal name to avoid triggering the due-on-sale clause.

Hi Robert, I always look at the rehab and deciding what I can do vs the opportunity cost of spending my time elsewhere.

I would highly encourage paying a GC to walk deals out the gate, have them give a scope of work so you can see what items costs.

Yet as the owner, I am still covering the cost of any maintenance and repairs, so who does this really benefit?

AI is not some magical, all-knowing miracle that can pull leads out of thin air.AI is simply a faster, more hands-off way to find the same low-quality leads you get from DMM, cold calling, and SMS marketing.You’re not improving lead quality—you’re just finding bad leads faster.