After thinking about it further a good ol BRRRR at 300k is my best bet.

The people you surround yourself with will either propel you or hinder you, the choice is ultimately yours to make.

If you’re just starting out, a long-term rental could be the safer bet for consistent returns and lower management hassle.On the other hand, some investors prefer out-of-state opportunities for better cash flow and affordability.

Best bet is to try to work it out with the tenant.

I think Airbnb is your best bet for cobbling together MTR pricing.  

I see you've specified you're looking to stay on the Iowa side of the river, which I think is a wise choice.

Financing: Traditional financing is a great choice for your first property.

Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

Another thing is a small detail like who pays the ACH fee can be a choice to go to you or tenant.

It is a personal choice.