i currently purchased a 8 bedroom home with a down stairs in law suite of 2 bedrooms, living room, full bathroom, and kitchen plus a separate entrance. my plan is to vacation rent the in law suite to the summer little...

Direct mail,, ; I figured seller didn't want to go to the traditional way of listing the property ( for personal Reasons) and I was straight with them , ( if you want X amount I wont be able to buy it but I can list it , no since you don't want to is a matter of convenience, So I can buy it cash for a little bit less and you can stay for a month after closing) No contingency ( pretty much a guarantee closed How did you finance this deal?

But since you don't specify who you are trying to add value to, I will just generically add that you need to understand peoples pain points.

I don’t want to invest the time and money in another 2-3 years of school to get a degree in finance like some things I have read online suggest if I don’t have to.

I have a 5 bed, 3500+ sq ft house in La Vista, NE that I thought I would not be able to rent out and was about to sell it, until another RE investor convinced me not to. 

@Tanner WoolleyI worked 4 years at PwC and 1/2 a year at EY in the NY office within the Tax department.The roles change as you progress in your career.As you start out, much of what you to is the 'grunt work' I.E. reviewing workpapers, reviewing returns, answering manager calls telling them what you are doing, answering questions from new staff, etc.As you move up(manager and above), your skills are more personable.You do planning/staffing between partners and other managersYou jump on calls with clientsTraining to senior associatesBudgeting with partnersI ended up eventually leaving public accounting as I didn't feel like it felt with my personality.Best of luck on whatever you decide to do.

I know, lots of good things to look forward to. 

@Tyler Hampton what this conversation comes down to is experience and control. 

Are biggest metrics we pay attention to is the CoC return, the IRR, DSCR and break even occupancy ratio.

The benefit to you if they’re MTM is that you could increase their rent more often than yearly (if you wanted to).I have a Section 8 tenant that I let go MTM and I raised their rent last year in August and again in October, and the Housing Authority approved both increases.Just something to consider.