A bonus is that unlike a duplex, in a SFH with an accessory unit, you can do Airbnb legally in Denver.

I would like to offer the actual selling agent a $1000 selling bonus if sold in 30 days and closes to stimulant a fast sale.

The second thing I want to tell you is I'm going to give you a bonus, (he takes out his checkbook, and writes this check out) "and I don't want you to look at it until you sit down to car and drive away, deal?"

I use my rental income as a source of monthly stable income, and then flipping as a bonus income.

I do reward my contractor with a bonus when the job is finished as scheduled4) you need to carry vacant property insurance during rehab, I found it quite costly.

I actually pay my PMs a bonus if the rent is paid on time for 6 or 12 months.

Here are the numbers:List Price: $184,950Estimated P&I: $826.55/moEstimated PMI: $81.80/mo Taxes:$2617/yrHOA: $0 (there isn’t an HOA)Estimated Insurance: $1017.23/yr (will get quote from agent soon)Loan Type: FHADown Payment 3.5%Interest Rate: 3.75%Unit 1 (4 Bedroom) Rent: $1070/mo (currently leased until July 2016)Unit 2 (3 bedroom and bonus room) Estimated Rent: $1070/moEstimated Monthly Maintenance Expense:10%Estimated Monthly Vacancy Expense: 10%Estimated Monthly Capital Expense: 10%Estimated Monthly Property Management Fee: 0% (I’ll manage it)Estimated Rehab Costs: Less than $3000According to Rentometer.com, the rental rate of Unit 1 is $125/mo below the median rent of the area, and Unit 2 is at the median rent of the area.

You could also set bonuses for hitting certain metrics with the investment.Often times I see investors not include and expense item for PM and try to self manage and then find out they do not want to do that.  

Especially shifting our largest employers from the casinos and hospitals to Tech companies.

Lots of money to be made here but not in the casinos.