Did I get very lucky or can this be the reality of investing?

[Luke Masaschi]

So please dont hate on this as I took probably the riskiest approach at investing as possible 22 y/o. I found a niche market for a STR and found a house last year for sale (75k) I put (20k) into it and just got it appraised at (165k) ( AWESOME!) Now here is where. it gets kind of crazy. I STR this prop, I have experience in Arbitrage so I know what works. I am still a long distance full time college student so I hired maintenance and cleaner but I did all the rehab myself over the summer so I saved a fortune. This property came with a detached garage which I plan to convert to a studio home I can also rent. Now for the home I have been renting this home for 4 months now and revenue wise it is bringing in 3k a month in the slowest months of the year. I am able to cash flow about $1500 a month on this prop at the moment. I originally posted on reddit saying I had 20k cash to my name but very very low expenses and a high risk tolerance. So I did what everyone said not to do and used every dollar I had on my down payment lol. Now I am closing on my 2nd prop in the same area and will have 3 total by the summer all CF positive in a great area with appreciation. Now Ive been watching bp for a few years now and would you say this was just a killer deal? I was able to win the bid on the first one with 28 people bidding in 2022 and used Hard money.

[Michael Baum]

It looks OK. Not crazy but if it works, it works.

Would be better to read if it had paragraphs @Luke Masaschi. I just stop reading walls of text.