Hello BP, I have been a member of BP for several years but up until now primarily utilized the handy search function to find desired information contained in the large forum discussions.  

My wife and I really try to keep a balance between sinking too much into a rental and making it attractive to renters.We left the old cabinets which function very well and opted for a very deep cleaning, paint, and heavy duty shelf liners.

Move in ready = turnkey.EVERY MARKET has Real Estate Brokerages that handle property management.You combine yourself a move in ready property with a Real Estate Brokerage that handles property management you just got yourself a West Coast Turnkey property.Now the next natural question; Will your West Coast Turnkey Property Cash Flow or not?

@Michael Lee I plan to do a combination of homes and apartments.

I suspect that combined with the warming weather is driving a lot of the issue here, so I told them to get that out of there, ASAP.

Your cash flow does go down when you refinance, but you have better tenants paying down your mortgages, less maintenance due to the rehabs, more assets to depreciate due to recycling your money, more assets to combine and take commercial loans out, and if you hold long enough a ton of assets for 1031 exchanges or if you pay off to perform seller finance when you retire. 

Combining a 1st lien HELOC in lieu of having a mortgage.

I am pulling my hair out trying to resolve an issue with Coinmach / CSC Serviceworks.One of the apartments I help oversee has not had a functioning washer for a month. 

If you can find the right people - you can hit on a real winning combination.  

I really think it's about taking ownership in your company and also giving your team the tools they need to function at their top level.