Have you looked at the bill?

Some will go with a nicer pad and a cheaper carpet.The nicer pad makes the carpet FEEL more expensive to the tenant when they walk on it.A great pad also resists wear and tear and if you need to replace the carpet the pad usually can be used again.Used to you would put a plastic membrane in between the carpet and pad to protect the pad but the plastic would slide and make noise sometimes.Now they have pads with built in protection.You are not looking for the cheapest product but the best VALUE for what you pay.It depends on the area and what kind of tenants and rent base you are working with.

New investor here, looking to purchase our first investment property.

What areas are you primarily looking at right now?

That’s why I’m here, I’m looking for a better way and real estate looks like the path a mechanic can take to no longer being a mechanic.Right now I am figuring out what strategy I want to focus on.

Because I am a full-time college student and I work part-time I ask that the interested parties submit a rental application before I show the house, but many of them refuse to give a rental application unless they can see the house first.The criteria for what I look for in a rental application are as follows:Credit report: I look to see if they have had at least 90% or higher on-time paymentsBackground check: I look to see if they have ever been evictedJob and rental references: I look for a steady income and make sure they can afford it with what they make I also call their current landlord to make sure they have been a good tenant and confirm the information the tenant gave me.I currently have it listed at $1650/month with a 12-month lease.

Quote from @Dave Meyer:  I think @Scott Trench even though he is 10-15 years younger than me has the best advice out there. 

Considering I will be maintaining the property (overseeing the construction so I can convert it to a multiplex, all the Airbnb needs including advertising and looking for customers), what would be a fair split?

Cleveland multifamily is great if you're looking for cashflow.

I would like to expand my contact lists and connectors with PML, HML, Real Estate Agents, Property Management, Insurance, and more.I'm located in East Stroudsburg, PA looking at 2/2, 2/1 SFH, Duplexes, MTR, in my own backyard but looking forward to expanding my portfolio to other Landlord-friendly states.