Didn’t like that the dwellings here weren’t built for cross-ventilation- all cooking aromas seemed to linger around for a while.

One thing I want to do is set a solid foundation when starting real estate so that if I have another opportunity in the future (in a year or whenever), my debt ratio or type of loans i've taken on do not interfere with future real estate investments.I'm looking to do short term rentals as its more profitable and I don't mind it being in another state + I trust myself to create a well oiled team and roll with the punches and grow.

Here are the expenses on this one:  apartment Vendor Project description Date Amounts Notes house sears 3 stoves/2 refridgerators 5/25/2017 $ 2,111.18 1 right Doug bathroom floor 4/11/2017 $ 500.00 replace floors 2 left David bathroom floors/repair 4/23/2017 $ 400.00 2r/2w Doug bathrooms 4/14/2017 $ 755.00 replace floors 1 right mikes carpet carpet two bedrooms 3/3/2017 $ 532.00 2r/2l amber clean up 5/5/2017 $ 80.00 1r/2r sears cook stoves 4/23/2017 $ 837.41 All Joey dry wall aropund windows 3/27/2017 $ 1,950.00 2 right jesse drywall bedroom wall 4/15/2017 $ 150.00 house Brian Elec elec work 3/24/2017 $ 4,503.00 house Kevin electrian 4/30/2017 $ 100.00 wires 2r/2l Danny floors 5/5/2017 $ 1,000.00 replace with floating floors house libert ut gas bill 6/6/2017 $ 216.44 house David hook up gas stoves 6/1/2017 $ 60.00 house honor captal insurance 2/29/17 $ 209.00 house honor captal insurance 3/19/2017 $ 209.00 house honor captal insurance 4/17/2017 $ 209.00 house honor captal insurance 5/17/2017 $ 209.00 1 right Doug kitchen drywall 4/18/2017 $ 200.00 house Doug labor 6/5/2017 $ 2,200.00 finsh all reoairs and hang doors house jesse locks and light 4/30/2017 $ 150.00 houise walmart mailboxes 5/10/2017 $ 48.88 3 mailboxes remodler outlet materials 2/14/2017 $ 722.50 1 west remodler outlet materials 2/27/2017 $ 134.64 1 west remodler outlet materials 3/27/2017 $ 1,006.91 2 right home depot materials 4/23/2017 $ 280.29 for floor 2r/2l home depot materials 5/5/2017 $ 1,226.08 floors and supplies house home depot materials 5/9/2017 $ 75.52 plug covers/thermostats/mailbox materials 5/23/2017 $ 148.93 for 3rd floor door house home depot materials 5/26/2017 $ 878.22 doors baseboars house home depot materials 5/29/2017 $ 250.37 1 left home depot materials 6/1/2017 $ 247.36 toilt/miscellaneous 1 left jesse miscellaneous 6/19/2017 $ 160.00 house James paint 4/30/2017 $ 1,050.00 house Branco gardner payment $ 1,353.30 house Moniz plumbing 3/27/2017 $ 2,035.07 house mike plumbing 4/11/2017 $ 625.00 hallway put up 3rd floor door 5/23/2017 $ 350.00 to block off attic 1 east Poters repair and prep for paint 3/10/2017 $ 900.00 house Joey roof/siding $ 22,222.00 house smoke isp $ 264.85 1 right Doug tubs/toilt 5/1/2017 $ 135.00 house Joey windows 1/25/2017 $ 4,651.02 house home depot 2/14/2017 $ 1,458.63 lowels 2/14/2017 $ 1,500.85 house u hal 5/26/2017 $ 48.72 to pick up all supplies 1 east home depot materials 6/2/2017 $ 56.78 house ABC dumpster 6/5/2017 $ 587.34 1 east danny floors/ matrial 6/7/2017 $ 1,117.24 railings, 3 floors basement derick clean up all waste 6/7/2017 $ 200.00 1 left jesse last small repairs 6/20/2017 $ 160.00 house ABC dumpster extra feesa 6/16/2017 $ 119.00 1 left amber clean up 4/21/2017 $ 100.00 2 left kevin elec work 5/21/2017 $ 150.00 house home depot light covers/fau 6/3/2017 $ 41.95 1 east national grid elec bill 6/28/2017 $ 68.85 1 west national grid elec 6/28/2017 $ 118.87 house liberty utilies gas bill 5/16/2017 $ 216.44 house national grid elec 4/26/2017 $ 4.54 house city of Faa River taxes 6/29/2017 $ 654.10 house honor captal insurance 6/17/2017 $ 209.00 $ 62,159.28 

I have found most oil based paints to be MUCH better than latex, but latex has improved remarkably since I was a painter back in late 1970s. 

You will likely be on the hook for covering hot water and heating for both units as there is no way to accurately separate usage costs- factor that into your calculations and ask the seller for last 12 month’s running expenses to get an idea of what that would cost.If the property has 2 gas meters in place for cooking gas you do have the option of installing a second boiler and hot water heater - if not your first step would be requesting an additional gas meter(assuming your heater and boiler are gas run).

Indoor fun includes cooking, watching sports/movies/adult movies on an HDTV that has a Roku device, taking a nice bath or shower, playing darts/pool/poker/ping-pong, getting beer from a kegorator, a fireplace, etc. 

In Anchorage - we have the Chugach Mountains to the east - and Cook Inlet to the west, north, and south really - buildable land is limited.Within two weeks I found a house for sale that caught my eye.

An auto-shop is providing us with much needed Oil Changes.

We offer this as a Mid-Term rental for travelers and oil field workers. $2100 per month. 3 Bedroom 1 Bath.

Mowing and plowing might be $300 and then heating oil you’d have to guesstimate based on the size of the property but usually that amount will be listed or the tenants pay for electric heat or whatever.