Carnelian Properties - Mission and Purpose
Carnelian Properties LLC (Founded 2019) acquires, renovates, and professionally manages modest‑scale residential assets in stable Midwestern U.S. markets. Our objective is long‑term cash‑flow growth through disciplined value‑add improvements and technology‑driven tenant care, all overseen remotely by the founders via digital management platforms.
Rennovation Work Example


How we Operate Remotely
Cloud‑Based Property Management — Stessa centralized accounting.
Virtual Showings & Inspections — Matterport 3‑D tours, timed lockboxes, and smartphone video walkthroughs eliminate on‑site travel.
Local “Boots‑on‑the‑Ground” Network — Showings & Inspections, Tenant Vetting and Communication, pre‑vetted plumbers, electricians and GCs respond within hours.
Paperless Closings & Banking — e‑notary, remote deposit capture, ACH rent collection; zero paper checks handled overseas.
Our Investment Philosophy
Cash‑Flow First – Buy for yield, let appreciation be the bonus.
Value‑Add, Not Speculation – Force equity through sensible renovations that improve tenant experience and NOI.
Conservative Leverage – ≤ 75 % LTV; sufficient DSCR even at stress‑tested vacancy and rate scenarios.
Tenant‑Centric Approach – Safe, clean homes + responsive service ⟶ lower turnover, stable communities.
Data‑Driven Decisions – KPIs reviewed monthly; sell, refinance or hold strictly by the numbers.