That doesn't mean it isn't a good strategy - if the property still produces healthy cash flow after expenses (which includes future capital needs if you've deferred such), at a minimum you could be rolling the cash flow either back into the home to own it outright or using those funds to prepare for your next purchase. 

A marginal producer isn't likely to improve if you increase it's cost of finance.This is where you would sell and 1031. 

Or just go to whatever brokerage affords you the most flexibility and just start networking with investors and investor agents to build that support system.As a part-time agent the last thing you want is high desk fees or other junk fees, since you may not be producing a ton in the beggining.

I'm not the one to promise anything as I am not one of the very talented producers at BP, but please submit your info through the link biggerpockets.com/guest and we keep inquiries on file for the future too!

People can't afford LA or Santa Clarita so naturally they would keep going.

Naturally most people that click on your website are not going to book.  

If you have a hot dog stand and sell hot dogs and can prove revenue then a loan could be possible as you produce something.As an investor, you need a home that can produce something (income) to get a loan against that.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

It’s natural to feel a bit overwhelmed with all the options, but you’re asking the right questions.Market Focus: Since you’re interested in Class A/B suburban markets outside of NYC, that’s a great place to start.

Mobile lenders also do not seem to want to lend on it due to the mixed nature of it.