When it comes to furniture/design it depends.

I am not very familiar. several thousand acre cattle ranch at todays dollars depending on location will be in the multi millions..

Don't depend on Aircover.Homeowners policy will not protect you if your renting as a STR.You need the correct STR policy to protect your property.

I’ve been a serial house hacker in the greater Boston area so happy to connect and share some lessons learned.Multifams inventories are quite low depending on your budget and location preferences.  

If the $700K sales price is not used correctly to acquire qualified real estate, the exchange could fail, triggering tax liability.Future exchanges will depend on the total value of the replacement property acquired, so entering syndications could limit flexibility.

It was I believe 3k to sign up and then the cost to set up the LLCs for me was I believe $700, that partially depends on your state.

It depends. all you talked about was the property but financing is more about the borrower, their experience, their credit, the cash available etc.

With your brother’s $50K equity already in the property, this should make the loan-to-value ratio favorable for refinancing.HELOC monthly payment on $68K: ~$300 (depends on your rate and term).Lease payment from brother: $800/month.Future mortgage (refinance $68K over 30 years at 6%): ~$400/month

Depending on the seller, you may sweeten the deal, by letting them know that they don't immediately need to cash out, or can partly cash out.

I tell most of my students I would manager myself at least 3-6 months depending on the learning curve.