The steps initially appear pretty doableFind the propertyRun the numbersGet the financingMaintain the assetRefi once stableMy concern is in the exit strategy.

With an ARV of $400-425k and an LTV of ~62%, pulling out your initial investment while maintaining positive cash flow around $500 per month sounds like a good strategy.

Im wondering if there's anyone who can help advise me on this process or the initial steps I should take.

But, this doesn’t reflect the fact that the initial investment decreased from $100 to $50 over two years.The flaw with ARR is that it doesn’t take into account compounding or the actual sequence of returns.

You were also responsible for anyone inside the properties and you were buying them blindly with no initial walk through.

Hi Dylan,Your strategy to buy a townhouse for $260,000 with an initial $9,800 investment and live in it before converting it to a rental is a financially savvy move.

You might feel like the effort doesn't justify the cost, but she was involved on the initial showing and that's what demonstrates the agency between you two. 

Paying too much initially can significantly impact overall returns, emphasizing the need for thorough due diligence and possibly more stringent financial analysis before purchasing.For future investments, consider leveraging local market knowledge further and refining your property evaluation techniques.

So I wouldn't bank on it for my initial venture. 

Your initiative is impressive, and I’m here to support your journey in any way I can.