Our strategy is to buy and hold, benefit from the positive monthly cash flows, and sell after about 5 years of stress free property management.The issue I am having is selecting finishes that are reasonably affordable (dare I say cheap), durable for renters, and still get top $ on an appraisal when we go to refinance. 

Will your strategy change during the next time properties go on sale?

Wholesaler possibly, rookie investor possibly, or an experience builder who has a different exit strategy (build bigger for a better ARV, subdivide lot and build 2 houses, raise the roof and double the square footage).  

Researching the Brrrrr strategy and wondering why the first purchase loan is through a Hard Money Lender, relative, or personal cash and not a conventional loan? 

Hi Sandy,A good strategy is to search for apartments on Apartments.com.

I know it's been a while but if you still need assistance, my specialty is interior design for investment properties- flips, rentals AirB&B. 

Another very common DIY mistake I see in LLCs are people using operating agreements and certificates of formation designed for disregarded entities and partnership entities, which typically automatically disqualify the entity from electing S-Corp status.

@Kal Saeed I have twice designed new homes to be built on old foundations.

Or should I rethink my strategy and make some adjustments somewhere in my process so that I can stay competitive?

I’m writing this because I need some strategies and ideas on organizing and jeeping track of expenses, numbers and fees.