It really reminds me of where i grew up in Cupertino Ca when tech took off and the orchards were turned into housing. 

If you’re not in a rush to tap your equity, holding off until rates come down could save you money in the long run.

Would you be better off just writing VRBO a check?

The cherry on top is that he is always enthusiastic, and he truly seems to thrive off of helping and coaching others which is infectious. 

I am expecting to do 3-4 deals per year until I get to 20 properties or so and then snowball the debt so they are all paid off by retirement. 

Welcome to BP, I’m an agent here in the Phoenix/Scottsdale area and I work with a lot of investors on fix-and-flip projects, rental properties, and off-market deals.

I think your better off with points and lower interest rate 

Investment Info:Small multi-family (2-4 units) other investment. 17 luxury duplex development located off of Galm Road in the vibrant growing North West San Antonio.

Tons of returns set this system off: errors, no income lots of expenses, disproportionate expenses, etc.When all that is done, IRS has a budget for how many returns they will put in the audit queue.

Unless you have a way to source off market deals or have a crew to provide labor for below market value, you're kind of relying on hope and luck to find a deal that works.