That ain’t the job for you… I can’t stress this enough picking a job is like walking through a candy store, a lot of them seem good till you break them down by pay/demand/desire and look at them, don’t get distracted by something shiny.

I always wanted to invest for cash flow, and I know that’s the only way to invest in markets like this, but I’m concerned that in the event these local markets do not recover as all the capital and jobs flee to hotter markets (the same way the Rust Belt never totally recovered from losing manufacturing jobs) rents and property values will decrease.

For example: $1 invested = $2-$3 in value through decreased vacancy, increased rent, and asset valuation Here is my list:• Entrance and facade improvements $$• Flooring improvements $$$• Interior and exterior paint $$$$• Landscaping interior and/or exterior $$$$• Mural on exterior $$$• Lobby Bathrooms $$Key: More $ signs means higher ROI WHAT DO YOU THINK?

I have had fires, I have been physically threatened, I have had wife beaters smash windows out, flooding, tornadoes, evictions for non payment - like real stressful problems.

What I mean is you either increase rent and pay the expenses or decrease rent and they pay the expenses.

I’ve got 5k for each unit in reserves right now which would cover most major repairs, but I’m not sure if I should keep that amount, increase or decrease as I grow.

But using leverage (let me stress) responsibly can allow an investor to “leverage” your cash to spread out your liabilities amongst multiple assets.

Labor costs in many areas of the country, especially in Charlotte, were at an all-time high before the coronavirus pandemic. Is now the time to push the reset button and get those labor costs down?Yes, I know everythi...

Again I do what to stress every property is in a flood zone and some properties (A or V designation) require lenders to have borrowers get a flood policy.  

For good or ill, you won't be able to escape it :) That may be stressful at times, but you will learn a lot and with less risk than if the project was further away.Many light rehabs on the market today are getting bid up by owner occupants looking for fixer-uppers too, by the way, so I wouldn't necessarily expect a lot of "profit" or "sweat equity" to be left after your efforts.Unfortunately, competitive bidding on such properties has squeezed a lot of the profit out of those deals.