You're heading in the right direction!

NEVER take the inspector the seller/agent recommends.

I will not use the $100k to invest in another property.

Do you know where I can find information on the class of a particular neighborhood in the twin cities?

Hey Kristin,Congrats on setting up your LLC and diving into the world of real estate investing!

The contractor tells me I should’ve gotten better quality materials and wants to be paid for the paint. 95% of the project is still left.

The county tells me I could add up to 3 ADU's, one in the basement (at the same time as replacing the foundation) and two detached ADU's.Adding any number of ADU's has the potential to double my current cash flow.  

I started a real estate business with the focus on educating others on the value of homeownership.

The comparables for the resale on this home are in the 825k - 850k range which of course, makes this guy happy :)  ITS an UGLY DUCKLING and I love ugly ones that need improvements THUS adding value when we improve the home AND increase the ROI from the monthly income standpoint as well. 

The same way a home's value is appraised, there's an appraisal process for the rental income.