Hi Landon, A common mistake to avoid is underestimating costs or timelines—always budget for unexpected expenses.

It cost him a few hundred bucks, but she was happy, and more importantly, he didn’t have to deal with an expensive lawsuit or bad online reviews.Here’s what I’d recomend doing:Check Your Legal Standing: Since the fence isn’t in her lease and not part of the surveyed property, you’re probably in the clear to remove it.

So my limited experience with a new build did not yield cap ex expenses with what you are proposing. 

Quote from @Ricardo Lemus: For a newer investor, a good investment is a property that pays for all expenses with some cash left over.

The cost is really expensive for QBO.

Cut out expensive stuff you do not need but just want.Try to get that monthly amount needed to survive to a nominal amount.3.

The idea is to use this property as an office space, giving me the separation I need from home while providing a place for my assistant to work where I can be more hands-on with them.The business would pay rent for the property, which would cover its expenses.

Don't go for the cheapest (unless the price is lower because it is on sale), but also don't go for the most expensive. 

How much money, after expenses and taxes would he property make yearly?

I highly suspect you folks have never ever been through any kind of civil business litigation and have no clue how expensive and time consuming it can be..