Keeping an eye on Federal Reserve policy and mortgage rate trends is crucial to timing your investment and budgeting accordingly.2.

I would also have cash reserves if you do this, don't rely solely on a HELOC on the rehab.

The U.S. economy added more jobs than expected, which signals robust economic activity and pressures the Federal Reserve to maintain higher interest rates to combat inflation.

If you have a  solid reserve and lose  a bit of money (like about 2000)  still it would be worth to get the experience and  network with first flip.. or first flip see if you can do a  joint venture with a successful and very experienced investor or flipper

Finally, create a guide with info on nearby parks, pet stores, and vets.

Typically speaking, 20-25% down would require at least $2.6 million for the down payment + closing costs and reserves.

Property access instructions: Provide the guest with detailed access instructions in either your Welcome Guide, listing description, Reservation Manager or through the Vrbo messaging platform(For example, include guidance in your listing description about picking up a key from the office upon check-in.)OrB.

I’ve written letters on behalf of clients in similar positions to yours reserving the right to request the improvements be removed in the future.

For example, if you're in a place where there's a bunch of old people and most stores are closed past 3 pm that's not the place you want to be. 3. 

This is very important though: Every person staying at the resort must be added to your room reservation or they will not be allowed to enter the property, including kids!