There are ways to invest tax efficient in a taxable account.

I have to assume that my ability to borrow is going to be limited and I should thus put every dollar to work in the most efficient manner possible, right now that will be buying in place and fixing management and maintenance issues. 

The benefits of off-site fabrication are plenty: There's no inclement weather to worry about, there's more efficient sourcing and utilization of materials, less material waste in the factory, less site disturbance, less neighborhood disturbance, less soil compaction, less erosion from construction activity, better quality control, larger purchasing power, there are many more.The modular fabrication market in the United States is disturbingly inadequate compared to what's happening across Europe and Asia with the adoption of robotics and automation in their production.

I'm looking into systems to better organize a bank of rental applications, property specific cost outlays, and efficient ways to track rent income history.

We want to rent the 2nd unit and move into the 1st unit which is a a two bedroom 1 full bathroom.We are currently doing some renovations to the 1st unit to make it polished for us to live in comfortably.Eventually, we both want to go our separate ways purchasing our own second homes and making our shared inherited property entirely a rental to help pay for our own ventures.We are both first time homeowners and learning as we go and happy to have stumbled upon this site.Although we paid off the mortgage of the home, it needs some renovations to get it up to date and fresh looking to attract renters.We recently updated the heating systems to high efficiency tankless combination units.However, that was a huge financial investment on our part and are looking to keep our spending down to what is essential, but will help get the house great looking for renters.Any advice on how to maximize our rental profits in this kind of scenario?

The owner had passed and the children inherited the property, but were not well versed on how to manage it efficiently.

As for expenses like hot water and heat, I am not seeing a substantial increase in cost in our units because if anything we are going to more energy efficient units. 

The home has a separate efficiency on the property, which is exactly what we were looking for.

We came up with the idea of buying a home that has an efficiency that we can rent out.

It is about how to do it the best most efficient way is where I am stuck.