The recipe for projected area growth is set with all of the right ingredients: Continued low inventory, announcements of job creation, HQ influx, low residential vacancy, and strong year of year rental growth.

Purchase price: $250,000 Cash invested: $115,000 Rental must be refurbed after last tenant, pool /hottub/ yard issueLeak from water heater created major damage, but didn't compare to tenant issuesMaking decision on selling/renting again to mitigate the costs of repair What made you interested in investing in this type of deal?

As @Elijah Friedeman said, you should add money in for CapEx which are any major things that need to be updated/replaced.

We are lakefront and have a 72 mile bike trail right in front of the house so that is the major draw.We do have the downstairs dedicated to kids. 2 bunkbeds with a TV and Wii etc.

The property is currently full and is in good functioning condition with many new updates and no major issues at this time.

I've found one potential C- SFH off market, but I'm still evaluating it.At one point, Jackson was a major destination for out-of-state investors, but that surge seems to have absorbed a lot of the good SFH opportunities.Any suggestions for the best way to approach the current market?

Also, a major issue I’m having is finding reliable contractors to work on these kinds of deals with me.

No doubt you tell your investors that all investing carries some form of inherent risk, and the overwhelming majority, if not all, of our investor base have a background in investing already.

I have spent the majority of my life as a fly on the wall learning by proxy.

Most people don’t know it, but owning real estate can be a major step forward in creating and maintaining your personal wealth.