I have a very nice STR in Four Corners and the last 2 years we've been at 50% vacancy in our busy seasons because so much new product is on the market and there's still a ton of legacy owners renting out for $99/night.

Buying down to 5.75% for $4,400 will give you immediate monthly savings and stability, which can be nice for budgeting as a new landlord.

I think I’m more focused on long term gain, some short term cash flow is nice but I’m not planning to try and live on it or anything.

Fortunately I was able to add a 30” model...so I got to spend $400 on a nice whirlpool stainless gas range that looks decent too!

The units look nice, the apartments are spacious and located in a nice town, close to the NYC train (50 mins from NYC).

Google Forms are nice to input cash transactions directly into spreadsheet, to get applications from tenants, to ask virtual assistants to enter data.

Quote from @Jesus Rodriguez: Quote from @Robin Simon: Nice, welcome to BP!

Do you have a nice amount saved up for the activities you enjoy(I assume yes given a 30+ year in Tech plus you mentioning making lots of money already in real estate).If that is the case, what are you looking to achieve now within real estate?

I am not going to rent a nice house to four 19-year-olds working at McDonalds because it's absolutely foolish, but I will put two of them in an apartment and give them a chance to earn a reputation.

A Heloc is nice if you want to use a small amount and then have a small payment but a Heloc is meant for small projects and maintenance.