I'll be living in the owner-occupied unit that's in excellent shape, and I inherited some great tenants who have been there long term, pay fair rents, and are completely content in their unit that will eventually need some updating whenever they do move out.

Over the last 5 years, we've updated the bathrooms, kitchen, new shingles, replaces all inside doors, ran a gas line to the stove, replaces facia and other details costing us approximately $25,000.

Something that just needs updating and such to bring the life back into the property.

During that time, you can update your lease template : ) 

There are also a lot of late Work Orders, generally property managers update Resman regularly or is it rather a secondary software that not all features are used?

On 20% down, I think that leaves $500-$600 cash flow on a nice updated pool home in California.Someone offered me $500K for the house..

I myself would also love to invest in Maryville and areas near in the near future, but I am currently focused on Midwest (Kansas City) as I live here.Good luck on your journey, and keep us updated!!

When it comes to prepping a home for renters, versus a "forever-home", do you consider the quality of material when making cosmetic updates?

A non furnished 12 month lease for an updated 1/1 in the area is running $1,400-$1,600 per month, and a furnished unit can push upwards of $2,000 per month.

Hello everyone I’m back again with more questions and a little bit of an updated plan as I’ve been doing some research just want some feedback and possibly some motivation stories appreciate it ahead of time.I’m 21 working like a mad man at my day job picking up as much overtime as possible and listening to podcasts all day while I’m there learning on the clock as well off the clock I make decent money (not enough to raise a family on) so my plan is to use the BRRR method & house hack a duplex - quad and buy and hold long term and eventually go commercial with big apartments so I can have all units in the same place i don’t have a team at the moment nor have I contacted anyone as I don’t have a need for them yet I’m still in my accumulation phase (knowledge and capitol) My questions areIs there an equivalent to a 203k loan that’s conventional I don’t want to have to deal with mortgage insurance forever?