Based on my experience with custom home builds, and the photo they attached with my update, the house *should* be dried in within a few weeks.

Additional Info —Key Details:Location: Outside Santa Fe, NMProperty Size: 20 acres (valued at $80,000)Project: Two new STR unitsExisting Experience: Family has two fully-occupied LTRs nearby, generating $2,000/monthConstruction Approach: Self-contracted with licensed trades for electrical/plumbingCost Assumption: $80,000 per unit, plus ~20% for inflation (based on 5–8-year-old build costs)Financing: Using land equity as down payment on construction loan (expecting closing costs to be major expense)Request: Looking for feedback, potential pitfalls, and general guidance

Spending on expensive upgrades is not the answer to improve your tenant base in this type of area.Keep the homes habitable, clean, and safe. 

Based off the general home inspection report you'll be able to see if you need to get an electrician etc out there. 

Many would be surprised to learn that about half of all states allow discrimination based on marital status, meaning a landlord can reject applicants that are not related and not legally married.As always, it's important to know the laws of your jurisdiction.

I would like to offer a different perspective on RTR Academy based on my experience, which, unfortunately, has not been great so far.

The bigger point is that if you use Walmart, Lowes or some other big box paint the base colors can and do change which will make touch-up difficult.

Both approaches can work—you just have to decide what feels right based on your timeline and goals.Good luck with the closing, and feel free to reach out if you are ever looking in Indiana! 

If you tell the IRS it is an expense, it is no longer income.W2 income does not use a 2 year average for your base pay! 

(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck.