.- These total 10 duplexes should bring in 30K gross rent per month and cash-flow about ~3-4K/month.We don't plan to use any of the cash-flow for personal expenses and after keeping sufficient reserves, we will funnel the cash-flow to pay-off existing properties.

Then taking any cash made on that project, reinvesting it into the next, and growing cash reserved over time. 

This way, you can continue scaling your portfolio, leveraging the benefits of owner-occupied financing while building equity in each property.It's a great way to grow your portfolio while taking advantage of favorable loan terms typically reserved for primary residences.

Save 6 months for reserves and use the remaining money to do a BRRR deal either in Austin or in a market that may cashflow better.

. $200K is a down payment and some reserve money for a duplex here in Denver so buying all cash here is out of the question.

The guests paying for the reservation are likely a couple who want a king bed. 

Things about condos to consider: HOA fee always goes up and has special assessments so you need reserve funds.

Budgeting with reserves: Roof, HVAC, and everything else that will wear out over time.Home warranty buyers = people bad at math. 

The reserve price wasn't met, but it's set very overpriced, and I don't think anyone would meet that price.The day after I won the auction, I received an email stating that the seller is offering all eligible bidders the chance to place another bid.

If they are both condos, knowing what the monthly fees will be along with the reserves and how well they are run is critical.