I.e. if your monthly payment on a $402k PP is 1700, you are saving 314/mo, or $3768/yr.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender How did you add value to the deal?

They had to refinance it to basically kind of save the house now that everything is kind of on track she wants to renovate the property.

Instead of wasting 20 hours a week on your phone or TV, work a part-time job to accelerate paying down the debt and saving. 

Currently, I have limited capital, but I'm saving up.

More doors means less vacancies and it might motivate you to save up and buy a new SFR when you are ready to settle down.

Their property sat vacant for a few months while their guy "saved them money".

Or just keep renting and saving in San Diego where we're familiar with the area and the market (which could take awhile, while we are probably 3ish years away from investing in a Midwest market).

He has been saving his money for years and has plenty of money saved but no experience with real estate investing.

If you’re strategic about locations, management, and financing, STRs can still offer decent returns in the right market.I totally agree that it’s not all sunshine and rainbows in real estate right now, but if you’re strategic—especially with tax savings and a long-term focus—real estate can still be a viable option alongside other investments.I agree with everything you said but it’s also important to consider the Time component.