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Follow Me as I Invest in a Rental Property — Part 3

Carter W.
3 min readJul 4, 2020

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Construction has begun on my little downtown mountain home! This actually started faster than planned, which never happens. Here are more details and processes that are happening in real-time.

Zoning: This property is zoned both commercial and residential which gave me a lot of freedom to decide on which way to build and lease for the future. It was being used as commercial and I have decided to make it back into a long term lease home. To do that I needed to make sure it would be attractive to potential renters in the future.

Current state: 3 bedroom / 1.5 bath and no kitchen.

Construction Plan: I am making it a 3 bedroom / 2 bath and kitchen. The kitchen and baths are vital to a good rental. Of course, I have to add a kitchen since it did not have one, but I am expanding the living/dining area into one big kitchen/living area. The downstairs half bath which splits the two bedrooms will be upgraded with a large walk-in shower and floating vanity with two sinks. This way the two bedrooms can split it and have their own sinks. That is a small expense that looks like a big upgrade.

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Carter W.
Carter W.

Written by Carter W.

I retired at 38, divorced at 41, and have been searching for self-fulfillment since. I have two incredible kids, a great running dog, and one awesome girlfriend

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