Welcome BP!For the past few years, I haven't done much with real estate, except gain more knowledge. I have been learning real estate for about 10 years now. Prior to the rehab property this post covers, I owned 1 ren...

Meeting with my realtor this afternoon and will make some progress on this property - to buy or pass as I get necessary info.  

Generally for a house hack, We run the numbers on about a 8-10% return, we look for areas that are in the path of progress, and we look for places that have multiple outs.By multiple outs, can we rent it, can we sell it, can we do an Air BnB, can we add rooms, can we improve the value by reconfiguring or rehabbing the house.....Ie are there multiple ways to make money when we buy. 

If you can't do that then get a friend to check in on the progress of the work so as to keep you advised.

I also have a home depot credit card I use, the only reason this even came up as an option is because I just hired my contractor and he's going to start next month, he said he takes credit cards so I can make my progress payments to them by card, so I just thought of all the points I could gain.

I know my 5+ year plans need more specific & measurable goals, but everything is a work in progress.

While it is by no means a gentrified area, we're confident that with all the influx of money being dumped into the area, we're absolutely in the path of progress.

While it is by no means a gentrified area, we're confident that with all the influx of money being dumped into the area, we're absolutely in the path of progress.

I think of "path of progress" from Mount Adams to Hyde Park to Blue Ash, along Montgomery Road.

You should only increase rents if you are below market and you are progressing to meet it.