Moving the laundry which is currently in the basement to the main floor would cost me about 5k.

That is not an attack on the asset class.

Hi Everyone,I am new to BiggerPockets and I am here mainly to learn, grown and engage with other real estate investors. 

The main strategy has been a long-term hold.

I’m currently in the process of purchasing my first rental in the Covington / Newport, KY area and I’m looking to connect with other local investors and owners who are active in that market.My main focus is mid-term and short-term rentals, and I’m especially interested in learning:Which neighborhoods are performing best right nowLocal regulations & licensing tipsProperty management experiencesContractor / cleaner / lender recommendationsAnything you wish you knew before buying in the areaI’m a long-time business owner in the property service space (landscaping & fencing), so I bring a very hands-on, operations-minded approach and I’m looking to build long-term relationships — not just make a quick purchase.If you’re investing on the KY side of the river or in the greater Cincinnati market, I’d love to connect, share notes, and help each other grow.Feel free to comment here or send me a message.Looking forward to being part of the local investor community.

Although these properties cash flow very nicely, the seller's main motivation for selling is that he doesnt want to deal with the "headache" anymore. 

From what I've seen, some people use it almost entirely for accounting, others mainly for rent collection, and some don't use it at all.What do you use it for?

My main focus would be on making money through the property’s appreciation.The seller, who I consider a mentor, advised me not to prioritize high cash flow but to look at generating profit through the property's appreciation.

I'm interested in purchasing a Victorian home in Belfast Maine, it has the potential to be turned into a three unit house.

I have a secure well paying job that'll mainly fund my real estate endeavors, I been studying real estate and I see how building a strong team is key to long-term success, especially if done right at a young age.