I had 11 rentals back in 2015 and then I started to hang out with more accredited investors.Do the math here… with 300 dollars per property (2 months of work to buy a turnkey rental) you are going to need 20-40 of these to replace your income.

Standard landlord/rental insurance with replacement coverage plus liability suited to your state and asset class is easily available and not too costly.

I would confirm with your tax advisor/CPA that adding your wife onto the replacement is considered the same tax paying entity.

Certain repairs include $100 to unclog 2 drains, and $125 for a garage door wheel replacement.

We are a very busy group, but I have no doubts that we can grow the business to the level that we will all be happy with.GOALS:First off, we want to build a business big enough that in the next 5 years, it can replace the income of all of our day jobs.

Fully renovated the project from top to bottom- renovated both bathrooms and turned one into a master bathroom- added LED throughout - expanded the master bedroom- added an island and converted the stove from electric to gas- replaced the roof- replaced all windows- added a deck and new fence - finished the basement and took the house from a 2/2 to a 5/2- added concreted steps that lead to the front door- full exterior paint- added 4 egress windows- and much more!!

We are a very busy group, but I have no doubts that we can grow the business to the level that we will all be happy with.GOALS:First off, we want to build a business big enough that in the next 5 years, it can replace the income of all of our day jobs.

My cleaner bailed last minute, but between meetings I found a replacement through properly and had the place clean before the 3 pm check in.I’ve been booked 80%+ of the time since covid lockdown started which is the same as pre covid for me - Airbnb’s are cleaner than hotels and bounced back quicker than hotels in some areas. 

Had a A/C compressor failure and need a certified A/C tech to replace the compressor and coil.

In any case, he said that it would need to be replaced before service could be established.The contractor working on the property said that the tech was probably new and didn't know what he was talking about.