Added value to this deal by updating the countertops in the kitchen, new fridge and range hood, new paint on the cabinets, fixed and cleaned single pane windows.

We negotiated the triplex down to $78,000 and they fix the electric panel in the basement before they told us they wanted to sell them together.

Traditional rent would go for $650 but I estimate I'll pull in about $1,200 (gross) from Airbnb.I'm moving to California in a few months so I'll have to set up systems before I leave (cleaning, check-in, check-out, etc).

This month I had a tenant turnover so with cleaning and the screening of the new tenants, the old tenant referred the new ones to me, I will spend 3 hours total time on this.

You need to know what exactly is there and if it has value (the contract, the person's electric bills past two years, and an inspection of the batteries/panels/and roof).

I'd like to go to the local community college and brush up on plumbing, electrical,etc. so I can do that preventative maintenance when tenants are turning (that means on my watch lol). 

Seller has done a good job of keeping up with electrical, plumbing, fire safety, HVAC and general updates.

Although there will be a large deposit for electric. 

The best way to make the numbers work is to limit the work to cleaning, paint and carpet and avoid expensive projects like roof, windows, replacing plumbing and electrical systems, driveway etc - as these take huge amounts of capital, but will typically not drive up the ARV by much.

Even strainers need to be cleaned out now and then, but it would probably cut down on the frequency.https://www.crssupply.com/roof...