Projecting $30k annual net operating profits (after paying monthly mortgage & service costs.)Cash invested $90k (closing costs, repairs/improvements & adding furniture, TVs, appliances, etc.)Cash borrowed: $463kHours invested: 500Projected annual revenue $70kAnnual mortgage, taxes, insurance $37kAnnual maintenance & cleaning $20kAnnual repair budget $10k Lessons learned?

It was well under market value as it was in rough shape, and I only negotiated a concession for the clean out from the hoarders.

I try to provide our tenants clean, safe housing.  

First step - change the locks and secure the propertyThat said - I typically use semigloss everywhere - looks plenty good for a rental and seems to clean the easiest. 

My guess is that it involves a filter delivery program that ensures you have a clean filter delivered to the home to install every three months, thereby ensure the furnace runs efficiently and reducing maintenance costs.

When they lose all the water to the entire house, then they can't use the bathroom, shower, cook, or clean.

Most of the work was in the clean up.

Basically cleaned it up so that the tenants couldn't argue with the rent increase.

I didn’t find any unicorns yet of how to keep it super warm but will see if the cover makes a material difference Insulate your pool: Adding a pool cover or blanket can help to keep heat in the water and reduce the amount of energy needed to maintain a comfortable temperature.Set the thermostat correctly: Set the thermostat to the desired temperature and avoid making frequent adjustments, as this can cause the heater to cycle on and off more frequently, which can increase energy usage.Keep the heater clean: Make sure to clean the filter and other parts of the heater regularly to ensure it is operating at its best.Use a timer: Use a timer to turn the heater off when it is not in use.

Working for a property manager, managing VRBO’s, relocation for retirees or possibly estate sales and clean-outs would provide income while putting yourself in a place to find really good deals.These sound like dead ends to some but becoming reputable and available is a great way to generate good deals.