Our real estate goals are to purchase our first investment by end of 2025 (ideally small muti-family like a duplex), and scale to ~40 doors to reach our financial targets.EDUCATION & EXPERIENCE: My parents flipped every house I ever lived in growing up.

In 2019 i was at ideal occupancy but none of my STRs are at ideal occupancy today.Do what you want with regard to the number of OTAs, but i plan to never be associated with a single OTA.  

Some carriers require limited water damage coverage depending on the age of the property and age of utilities.I would recommend at least 25% (ideally more) when possible and if you're limited to 10% you should make sure you cannot purchase another policy for a similar price.

When it comes to analyzing properties, I’ve developed a specific checklist to make sure the home fits both resident needs and operational goals:Square Footage: Ideally, at least 2,000 sq. ft. to ensure enough living space for residents and staff.No Stairs or Pools: It reduces liability and keeps the home accessible for everyone (this is just my preference).Corner Lots: I love corner lots because they often provide extra parking and outdoor space—both of which are critical for families and visitors.

This property would be for my in-laws to purchase and move into, but I'd ideally dovetail any success into finding investment properties as well.So far, I've driven around the neighborhoods my in-laws would ideally purchase and jotted down the addresses of the homes that clearly need some TLC.

Over rehab de property and it wasn't the ideally neither

Home 1 is ideal for a fix-and-flip loan to fund the remaining $90K, which I can help you evaluate options.

A HELOC offers flexibility and lower interest rates, which can be ideal if you’re looking for short-term financing with lower payments during construction.

Once you've thought a bit about what your ideal wholistic investment portfolio looks like, if you decide that you want some kind of more active real estate investing in the mix, I cannot recommend more getting Start with Strategy by Dave Meyer and the accompanying workbook The Strategy Planner.

After living in the property for a full year, we have come to terms and accepted that this is not our ideal location.