If you purchase online, find a retailer that has the delivery window at the point of purchase.

I read some books and saw the late night advertisements about real estate investing, so I was very interested in this type of property.

I’ve found success by networking at local meetups, connecting with real estate agents, and exploring online platforms to discover these opportunities.

He reached out last night and we have an appointment this afternoon for a conference call with his new bookkeeper to review our account.

A good tip is to reach out to contractors, visit local supply stores, and check out online resources for cost ranges.

So even if the cash flow is only 3% or 4% cash on cash, that’s enough to provide a protective layer to cover unexpected items.To me, the cash flow is NOT to put spendable cash in my pocket NOW but rather keep the property self supporting while it increases in value over the long term.In addition, every property a purchase has a cash reserve fund - call it my rainy day fund or my Sominex account (ie I can sleep at night knowing if the furnace goes out I have $8,000 in my reserve fund to replace it.)One final note, I have found once one reaches a certain net worth, cash flow no longer is a concern, there is always as much cash flow as anyone wants.Final note, who will have more cash flow someone with $1M investible cash or $3M investible cash?

Rates are pretty low, maybe $30-50/night.

I wouldn't be able to sleep at night knowing that I had people in my properties that had mice or bed bugs or cockroaches. 

Typically I recommend on $150 ADR a night and lower a smart TV with Roku is fine. 

When I did an online search for commercial multifamily lenders, most have a minimum lending requirement of $1M and I don't need that much.