I’m a 29-year-old Marine Corps veteran and brand-new to real estate investing.

It really comes down to the individual property as well and how well it's been maintained/age of the current capex items.In most cases though on single family homes, for maintenance and capex I like to use at least $150 each for both of those per month.

This duplex has a well that comes into the basement in my unit then runs through a water softener then supplies both units.

This is no different than going to college, getting a degree and learning your craft.

I have several questions… but here’s a little context first: I started getting “analysis paralysis” on the sideline wondering what was the best time to dive in to real estate with limited funds ($40k) so……..I went to ...

Our conversion rate is well under 1%.

With good boots-on-the-ground, taking control of branding, guest messaging, and filling your own calendar can help your margins.One thing I’ll add that hasn’t been mentioned is looking at mid term rentals.

People use it for raising capital and brand building, so if they are not raising capital they may not be wanting to take the time.2.

The store we used has used, refurnished units as well as new scratch and dents. 

Quote from @Andy Sabisch: Well said and something any flipper or wanna be needs to read multiple times.