I also have a friend/sub-contractor with 40 years experience in all areas of construction who works with me on most of my deals for low cost labor.

God speed friend!

One big thing to keep in mind is that Daytona Beach itself is not very STR friendly.

It probably be best as a friends-and-family type loan, but I don’t have anyone around me that is an appropriate lender.If I have to, I can put the funds in myself, but its inconvenient, and would come from investments that would need to be sold, taxed, etc.

Imagine something as simple as deciding tomorrow to spend 3-6 months in Australia because it’s too cold here, or I haven’t been, or a friend dared me.

Excel is your friend as is your favorite 10B-II emulator app or even the 10B-II financial calculator itself!

I honestly thought to myself that both NY and Cali were very tenant friendly...

Once you graduate and have a steady income, consider house hacking as a beginner-friendly strategy—buying a small multifamily property, living in one unit, and renting out the others to offset your mortgage.

You have a friend, He will rent it in its present condition as soon as you make it available to him for $90 per month. 

I thought it might be helpful to address some of the most frequently asked questions that I receive.