I am a young electrical engineer that is excited to start investing into real estate.

Full gut remodel.New HVAC, plumbing, electrical, everything.Rehab cost: ~$55,000Financing: cash + 0% interest credit cards(Yes… the classic rookie move.)After fixing it up, we rented it for $850/mo.Today that same house rents for $1,200/mo and is worth around $135k+.Looking back, I probably should have run screaming.But honestly?

I'm strictly focused on electrical, plumbing, water heaters, HVAC tune ups (hopefully not a replacement) and any safety issues.

In my mind tying to change the rules of the game is a misuse of my time, money, and energy.

“Core” inflation (excluding food and energy) also slowed to 3% annually, thanks largely to easing shelter costs, which make up over a third of the CPI calculation.📊 Bottom line: This is exactly the type of report the Fed wants to see before lowering rates again.

The key is taking the expensive lessons and turning them into rules you never break again.If you’ve still got the capital, the energy, and a smarter plan for the next one, you’re not gambling, you’re adjusting.

Additionally, the existing structure can be upgraded with modern amenities, energy-efficient systems, and improved curb appeal to command higher rents.Future development on the RM-1 lot allows for constructing additional units, potentially transforming this site into a multi-family or mixed-use development.

A cosmetic rehab—new kitchen, flooring, bathroom, recessed lighting, and minor plumbing/electrical—costs me close to $30–35k for a 2-bed/1-bath apartment, and that’s considered cheap for many!

In 2024, 67% of Kentucky’s electricity came from coal.

All electric boxes installed.