Our biggest Mid-Term yet

[Evan Kline]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $265,000
Cash invested: $43,000

We came across this house on market. I knew it was under listed by quite a bit, purchased for $265,000, during DD it appraised for $325,000.
We moved in and did a small kitchen remodel, then furnished the property and listed it as a mid-term rental.

We were a little stuck on how to actually use this property. It's 4/2, 1800 sqft which is a little bigger than we normally buy. We initially tried to rent the home as two separate furnished units, but ended up simply renting the whole home. It's been occupied 100% since then.