Do you think rents will keep growing (they will).

Given you and your investor both have experience in different areas, I’d say keep a flexible approach and compare city requirements before putting too much money down.

I appreciate it.john Your plan seems well-thought-out, but I’d keep a few things in mind.

Your drive and determination will take you far—keep pushing forward, and success will follow!

At full occupancy, the cash flow I just keep in reserves for repairs or help pay the principal. 

Clear CommunicationA great contractor is easy to talk to and keeps you in the loop.

Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?

Plus, I use it as my CRM to keep all the info about clients, properties, and conversations in one place.May God have mercy upon your soul. 

As I look into the market and start to build a team I had a few questions:1)  How difficult is it to get and keep a rental license OOS?

I'm of the opinion that a property that cannot create $15-20k+ per year in rental revenue is going to struggle keeping up with maintenance and repairs.