Significantly longer tenancy is another, which reduces turnover and cuts down on our turnover cost, which is our single biggest operating expense.Like I discuss in the video the ROI on finishing a basement is pretty terrible, but it ads to the life style we are looking to create.In terms of rent, this is more than double the median for Milwaukee.

I personally would not do it unless your getting a really good return on the investment.

Fund and Grow does ding your personal credit, and those inquiries will be asked about by the mortgage underwriter. 

I've also personally owned two multi-family properties in the city.

That comes from personal experience as a landlord and working in professional property management lol

OK here is my situation, I'm 26 years old with $90k I'm willing to start investing in real estate with, I have zero debt and near perfect credit history and not much liabilities in life at this point......no house, still single, no kids etc.

My main reasons for buying an investment property in Tampa:-Not ready to leave Denver right now, but want to move in the next 3-5 years so want to remain flexible via renting my personal house-Rental investment property would give me some passive income on the side while I save up renting and decide if/where I want to move-Tampa property is just cheaper overall so even if I have to put more down, mortgage payment will be lower-Honestly, part of it is also just “manifesting” moving to Tampa eventually  Trace

This first year of research I’ll be working on my personal finances and credit score to be ready to purchase something after that portion or preparation.Ryan 

Instead, they are added to the property's basis, which affects the property's depreciation over its useful life.

If you're a person who likes to overcome challenges, create and manage projects, building could be for you.I personally go into each project looking to build it out, yet many times I've decided to simply just sell the property and move on the next project.