Purchase price: $550,000 Cash invested: $145,000 Sale price: $915,000 This was a home run for a long term (5 years) buy & hold investment property (I specialize in this area). - Initial investment of $145K (DP+closing)- It had one tenant for 5 years and 3 months (no turnover), and the tenant paid off the mortgage and expenses in those 5 years.- I spent around $30K to do upgrades before selling.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?

Hi Itay, I'm a vacation rental designer that specializes in data-driven design to maximize ROI.

Quote from @Alex Brown: Seeking recommendations for a CPA or Tax Strategist who specializes in RE and REPS Status.This post should help:https://www.biggerpockets.com/forums/51/topics/1222774-expla...And none of us is allowed to offer you our services as long as this post is in the tax forum.

thanks for whom ever may lead in the right direcMilwaukee's STR space is getting saturated, especially if you have nothing special to offer.

Small Bay Solutions is a premier provider of commercial rental spaces in Northwest Arkansas, specializing in move-in-ready and customizable workspaces designed to support small businesses.

It sounds like you want checkbook control, @Katie Accashian  In this case, you need a special-purpose LLC.

We have one next Tuesday with a great guest speaker who specializes in turnkey rentals out of state (MO, TX, OK, AR, AL)

Also, are you reaching out to agents who specialize in working with investors?

It’s exciting to hear about your first project, and Denton County is a great market with plenty of opportunity.I’m a native San Antonio real estate agent specializing in investment properties, and I’d love to connect.

I’m a native San Antonio real estate agent specializing in investment properties, and I’d love to connect!