I am putting all the cash flow aside for expenses and treating it as breaking even and being able to live for free.

Definitely want to make sure I can keep the momentum going so I'm trying to treat the next move as carefully as the first so I really appreciate the insight.

The sellers are old people that are likely to take any offer I make and I feel a responsibility to treat them fairly.

@Andrew BrazellHouse hacking makes your tax situation more complex.You purchased a property that is treated as both an investment property and a personal residence.

@Mike MedinaToo many variables...basement or no basement....simple truss roof system or cut up with numerous gables and vaulted ceilings....viynl siding or brick and stone....covered porches or treated decks....i could go on.Do you have a set of plans drawn ?

Always treat your clients like gold and they will come back and tell others about your services!

Renovated almost the entire house:- added central HVAC- new roof- new windows- new engineered hardwood throughout - removed walls for more open concept layout- entirely new kitchen with more functional layout- waterproofed and treated cedar siding,- renovated both bathrooms- new hot water heater- new entry doors What was the outcome?

Beyond that I treat them like any other lender: we write the loan amount and terms into a contract.

Offer deadlines are a suggestion and should be treated as such, there is almost always a “lock it up today” price. 

Another perk of renting to families vice single professionals in their 20s (generic Arlington demographic) is that they will generally treat your property better, and are likely to give you much lower turnover rates.