Challenges like this can ultimately set the stage for a better-performing asset in the long run.

Challenges?

What was your experience like—any challenges, advice, or things I should watch out for?

@Nate Jenks - @Andrew Postell did a great job clarifying the big challenge you'd run into pulling cash out with such a low down payment. 

Challenges?

@Jeff Hineswhatever you end up doing i'd stay local. i know the markets you mentioned look tempting, but they have their own challenges - for example, the midwest housing stock is very old and often has severe deferred maintenance. 

Hey @Monish Anand - Long distance real estate investing can for sure be challenging, but also forces you to dial in your systems or fail!

Quote from @Scott Tennell: What creative financing strategies have you found to be the most effective in today's real estate market, especially in terms of working with sellers or investors in challenging conditions?

I can certainly handle the bookings and standard service things, but the challenge right now is finding a cleaner who isn’t so expensive. 

Getting anyone on the phone who knows how to take care of even the simplest issue is challenging enough.