So after deep soul searching I’ve decided to pull the signs off tonight.

With LA's rent control, the profits are in the details, and I love digging deep into them.All the best!

From the top of my head this is what we did for the rehab: replaced all the flooring with linoleum vinyl plank, painted the entire interior, cleaned up the bathrooms, used our leftover paint from property 2 for the kitchen cabinets, installed new kitchen tile, replaced the cabinet hardware, expoxy the counter tops, trimmed the trees, addressed minor electrical and plumbing issues, installed new ceiling fans, tuned up the HVAC, fixed minor dents and holes in the wall, and deep cleaned the entire property.After we finished the rehab we sent our property manager out to perform the final inspection and she was very happy with the end result.

We probably see 2-3 new investors a month that have gotten themselves in the deep end of the pool and cannot swim because they saw this vision of things.  

Doesn't have to be the deep end but jump Good luck. 

I'm going to echo @Russell Brazil comments, BRRRR in the DC area is going to be an uphill battle because of current market conditions and the amount of investors in that market with deep pockets.

My goal in life is to enjoy the ride, and after countless nights of deep thinking I've figured that one of the easiest ways to increase your enjoyment on life is to become wealthy.

Comparing your home to one up the block that sold for $179k, and then again to other homes selling for $350k, jumped out at me as a potential area for making a big mistake.Nail down that ARV first and make sure that your acquisition + rehab costs won't put you too deep in a hole before you even get started.

Start off the with Ultimate Beginners Guide to get a broad understanding and then deep dive whichever aspect of REI that interests you the most.  

Just be prepared with deep pockets and ready to act quickly as there’s very few STR‘s available!