Might also be wise to target the younger generation before they get too far into a career or college path.Household income must be 3 times the “Monthly Operation Payment”.Create unique opportunities to create income from excess space in a property (vacation/air bnb, temp housing for travel nurse, students, etc.)Residents may choose to use roommates to meet this requirement.Pet owners buy all the flooring instead of a pet deposit.

I'm looking for some consultation from a neutral third party around total building costs.

Make sure the crews are somewhat local so you are not paying travel time.

For a flip. how did it go and what did it cost? I just need a fresh perspective on one project to rethink the layout.

Also, be very, very careful with any non-tenant staying there more than a day or two, because 'guest' can slide into 'legally protected squatter' alarmingly fast.For these reasons and others, I've become more interested in alternate renter pools - furnished bedrooms for travel nurses, professionals on temporary assignment, people with weekly gigs in Austin but who return to Houston on the weekends, etc.

I consult and rely on their insight/opinions so much when making any business decisions.In my first year of investing, I bought 3 properties.

@Maria TeoFor consultants - my preference is to have them together.

I think if you have family or friends or travel there often that an out of state for first time can work well.

I’ve been a travel nurse for years now, and have lived in many different apartments.

I like to think that a no is a sign of effort in an area where not many people dare to travel.