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?

We would like to update the electric panel (last completed in the 80's) however the contractor informed me that new rules stipulate new permits must include a hardwired connection to a Fire System.Is this true???

Before you notify them, I would ask for a complete update on the expenses to avoid them adding after the fact. 

Then I saw an updated letter sent to my online account with them that the 2 year clause applies.

@Jacob Pereira The house we bought needed some update inside but not too drastic.

Please update on whether you move forward with this one.