Buying an older home from the 1950s can definitely come with surprises, and the need to replace electric, plumbing, and drywall is a big job.

It's surprising to me how hard I have to dig to get this information from most listings. 

However, it’s important to maintain enough liquidity for unexpected repairs, vacancies, or other expenses across your existing portfolio.If I were in your shoes, I would likely lean towards reinvesting in a way that balances both cash flow and appreciation.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

That 1000 can turn much bigger with vacancy and unexpected repairs.

Did you find that the wholesaler had a good understanding of the market, or were there any surprises in the deal?

To me cashflow is important to cover unexpected expenses but I buy for wealth creation and tax benefit, not to supplement my income.

I will be surprised if we have tenant by Dec 1 and fairly happy if by Jan 1.  

I would be surprised if Section 8 would pay $4,000.You still use your lease, but there's additional paperwork to fill out with HUD.

But you'd be surprised at some of these average smaller towns can do STRs very successfully.