Starting with a single-family home in Kansas City is a smart move, and it sounds like you’re really digging into the numbers, which is super important for making informed decisions.From what you’ve shared, your offer of $140,000 with an 8% interest rate and a 20% down payment seems like a solid starting point.

Starting with three T-12s from properties of a similar size and market is a fantastic strategy, and I’ll definitely take your suggestion of setting aside time to really dig into the details.Thank you for the encouragement and practical tips—it’s advice I’ll take to heart as I move forward.

If you’re willing to do a little digging, cash-flowing deals are definitely possible to find.

Shortly after finding that my note was separated from the mortgage and sold to Fannie Mae I started doing some digging and came across this very info you're mentioning.

Then Q3 & Q4 are a little less diligent about keeping track in the moment and I have to go investigate and dig for receipts come tax time, haha

To find deals that make sense, you need to dig deep, get creative or create large value add.

Funny how it’s easy to find stories about 20-30% profits….but you really have to dig to hear about the losers.

Let me know if you want to dig into it more—I’m happy to help however I can.

My former journalist self enjoys digging into Colorado laws and counseling my clients on where they can do short-term rentals and under what circumstances.

But once you dig deeper you can see why certain properties are priced the way they are.