On the flip side, having more choice in location with an existing product could be advantageous to both his personal life and the earnings potential; add in the second unit having the potential of being a STR/MTR and location becomes even more important.The contract/permit side CAN be challenging location by location; assuming he's working with someone who knows what they're doing, Raleigh makes it easier to get permits for these larger "small scale" projects than Durham.

This increase provides more choices for buyers and encourages competition.Months Supply of Inventory: Inventory supply jumped by 50%, from 3.0 to 4.5 months.

This substantial increase offers more choices for buyers, promoting a competitive market.Months Supply of Inventory: The supply of inventory jumped by 78%, from 5 months to 8.9 months.

@Sheila Richmond YoungTo begin investing in real estate, attend local meetups and internet forums, study books, and seek better financing choices.

@Ryan KleinTo attain a $3000 monthly cash flow objective in five years, begin with home hacking, then employ financing choices like as refinancing, DSCR loans, and BRRRR techniques.

At the end of the day, no system, forum, group, website or coach will do the work for someone, they have to make a choice and take individual responsibility to take action and make it happen. 

Generally the fees are going to be very rough on DSCR Loans of that size (as a percentage of loan amount) but probably no choice right now - the market for DSCR Loans under $100k is very small and less than $75k even smaller. 

You'd also cut down on management costs, which are definitely big for STRs.What's the reason behind your choice for short and medium term options over long term?

It seems like building my capex reserve fund back up is the wisest choice right now.Account Closed I think I will consider a wise and slow approach as most of you are suggesting.

With many jobs being remote these days, people have more choice in where they want to live as opposed to where they need to live.