We cleaned up all of the exterior, to include mold removal, pressure washing the driveway and fence, removed all flooring in the house, put down engineered wood flooring, new carpet, new stainless hardware, all lighting was upgraded LED fixtures, new paint, Crown Molding, painted wood toned cabinets a light color of Gray, cleaned the air ducts from all of the pet hair and used a lot of order mitigation What was the outcome?

We cleaned up all of the exterior, to include mold removal, pressure washing the driveway and fence, removed all flooring in the house, put down engineered wood flooring, new carpet, new stainless hardware, all lighting was upgraded LED fixtures, new paint, Crown Molding, painted wood toned cabinets a light color of Gray, cleaned the air ducts from all of the pet hair and used a lot of order mitigation What was the outcome?

On bright side there maybe some additional income (laundry, pet fee, etc)Please add the following to expenses:- In additional to vacancies, there could be concessions, Bad Debt, Loos to Lease.

@Ashley Rae-Lynn Taylor She's in poor health, desperate, doesn't know who her lender is and "is clueless". 

Just secured a tenant with 2 pets $1310/month.Lessons learned?

You can add things like no pets and non smoking if you wish too.

This issue is more crucial as it is related with kid’s health issue.

Bernie Sanders will be President we can let in the immigrants and they will still be able to provide me with free top notch health care.Bottom line is people (millennials) are much more interested in being entertained than worrying about finances.

Aside from real estate being very local, some general principles I follow that serve in any economy :1- Follow proper underwriting principles based on my specific investment style ( value add etc..)2- Use leverage to my advantage but never over leverage my position.3- Keep proper cash reserves.4- Educate oneself in the economy of the market I’m investing in, including jobs, changing demographics, historical cycles etc...5- Surround myself with the proper team members who will cover the areas I am weak at and are real experts in their niche. 6- Knowing when to cut my losses.7- I use real estate investing as a way to achieve more important milestones In life including family, health etc... this keeps me focused on the big picture and adds more objectivity to the process.8- The bigger the portfolio, the more risk one gets exposed to in a turning market and the harder it gets to change direction.

So I could hire someone to run it during the days but with that and mortgage that pretty well soaks up the profit.I have already considered ways of increasing profit:-Update systems for online reservation-look into marketing to bring more attention to the motel- and currently they are not doing well health wise so they haven't been trying to get any more business than necessary.But I am looking for ideas on how I could manage to make this property profitable for me.