Where did you underestimate costs?

Your way will work too, if you wanna bounce them out of there for whatever reason.

My goal is to be resourceful and start with a cost-effective option, scaling up as needed.

Depending on location they can cost a lot to replace but when you factor in what you save from paying sewer bills it’s cheaper in long run.It would not stop me from buying a house

I'm pretty sure that the cost to get this done is not cheap!

@Bryan OjedaAnother reason why not to transfer to a LLc….

We suggest partnerships for rentals for 3 big reasons.

Reason being, the buyer can just go past you to the seller or seller's representative.That said, if you're looking for a buyer, BiggerPockets is a great place to start.

You would almost certainly run afoul of fair housing with a limit of 1 as you are preventing a partner and a parent with child unless you have a compelling reason for the limit.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.