Be clear on terms—percentage of equity, profit-sharing, and exit strategy.

Don't grill me too hard.I own three rental properties, one is my primary residence with an apartment (5 units total between 3 properties: 1 airbnb, 2 medium term healthcare leases, and 2 long-term rentals).

They said they'd accept a 6 month term instead, but they're not being very forthcoming about what their sales record has been (I asked for the last 12 months just to get an idea, but they ignored the question :( ) and I'm getting a not-so-great feeling about working with them....The home is 2-stories, attached garage, 4bd 3ba, 2269 sqft and sits on a corner lot with a huge backyard (lot is approx .13 acres or 5662.8 sqft).

Purchase price: $189,000 Cash invested: $40,000 Mid-term rental property in a college town.

While cash flow is always a plus, I prioritize long-term appreciation as a key factor in building lasting wealth.I’ve noticed that many investors focus solely on cash flow without considering long-term wealth creation.

Down Payment + Closing Costs = Cash to Close.For your purchase contract, I'd have suggested an escalation clause requiring proof of next best offer upon acceptance.

@Jay StraderI'm wondering the same thing - I had an attorney review the contract & basically all it said was invest at your own risk.

Properties in or near these cultural zones can be prime for short-term rentals or Airbnb.3.

Hey Matt,I believe in real estate as a long term investment vehicle.

Hello All,I am new to STR and just in contract with our first purchase.