Just make sure to account for any additional operating expenses when projecting your cash flow.

but if you want immediate cash flow - you're better off in a savings account.  

Especially if you cant 1031 and you have to pay recapture.Even with new construction this has to be taken into account..

Get a powerful router that allows creating two accounts.

(I don’t do STR deals so my comments are more about long term buy and hold residential RE.)Data by its nature is historical - it’s a lagging indicator. 4 years ago the Southeast was the place to be.

Account ClosedEven with high interest rates, lots of folks investing or buying homes do well with FHA loans because of small down payments and good loan terms.

Because interest rates are high right now it probably doesn’t make sense to pull extra cash just to stick it in a bank account.

If you’re able to save another $20K within 6-12 months, waiting could open up more opportunities and give you more flexibility in your investment choices.If I were young, had $23K, and believed I could rebuild that savings account, I’d seriously consider making the jump.

I'm in the process of completing my first BRRRR and though I know the money is sitting there in equity, it's hard to watch the money leave my account!

There is a tiny little link under "Account Details" that links to a more informative web page.