Use LVP flooring, it's cheaper than installing new hard wood floors and they're more durable for longevity purposes.

That’s why it’s in your best interest to try to figure out how to maximize longevity in your tenants.

Hi Radhika-Congratulations on being a homemaker with young kids and looking to do more for the family financially now that the kids are older.You have 50K to get started but are having difficulty choosing markets and deciding where to begin and you are thinking about single-family long-term rentals out of state because you live in California.I would encourage you to start with duplexes, preferably with 2 bedrooms in each unit for tenant longevity, and ideally with separate utilities.

Forget reputation, the aforementioned longevity it means nothing when you screw people over.

Longevity of the Scheme: According to Marco Santarelli, the Founder and CEO of both Norada Capital Management and Norada Real Estate Investment, the company began raising investor funds through promissory notes as early as 2012.2.

Longevity of the Scheme: According to Marco Santarelli, the Founder and CEO of both Norada Capital Management and Norada Real Estate Investment, the company began raising investor funds through promissory notes as early as 2012.2.

This type of company will be married with you through the longevity of the investment so naturally their interests will have to be mutually aligned. 

Longevity!

I typically like to use a solid surface over formica more for maintenance and longevity.

@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.