Looking for strategies to purchase a potential property.

Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. 

Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. 

I still think 24/7 about expansion.

Wholesaler possibly, rookie investor possibly, or an experience builder who has a different exit strategy (build bigger for a better ARV, subdivide lot and build 2 houses, raise the roof and double the square footage).  

Researching the Brrrrr strategy and wondering why the first purchase loan is through a Hard Money Lender, relative, or personal cash and not a conventional loan? 

Hi Sandy,A good strategy is to search for apartments on Apartments.com.

You may wish to consider this strategy for at least part of the house (you can add to it).

Or should I rethink my strategy and make some adjustments somewhere in my process so that I can stay competitive?

I’m writing this because I need some strategies and ideas on organizing and jeeping track of expenses, numbers and fees.