NOGuidance line Terms as least for us in the 2000s were I had 6 different bank guidance  lines.1. advance 80% of loan we needed 20% of our own cash.2. one year term  1 point at each renewal.3.

Keep the second jobs or the extra hours at your current job.

I used all the rent and any extra money towards paying them down.

One of my places had a little extra room next to the kitchen so we made a dedicated coffee area with a coffeepot, a drip setup, a french press and a pod machine.

The septic system isn’t built for the extra bedrooms/bathrooms, which could lead to legal and functional issues.

There are some HOA's that are in such bad shape they wont allow any type of loans and it must be a cash purchase.

Quote from @Sarah Hartstein: Hello everyone, I am brand new to this website and looking forward to gaining some extra insights on property within the US and beyond ;) I started as a part-time Realtor with Keller Williams in Santa Barbara, California, however domestic sales never really “tooted my horn.”

In Real Estate, TIME IS MONEY.Getting a rehab loan done quickly is worth paying an extra few points in order to be efficient as you will be able to expand your BRR business which would yield results greater than the increased cost of capital that hard money brings.In order to escape a scarcity mindset you need to understand that money is in theory unlimited, they print it.But can you print time?

To me as OOS investor, it's been hard to find properties that cash flow well Short-term rental would increase cash-flow for instance without the headaches.

Long-term rentals are a solid choice, but mid-term rentals in medical hubs (like yours) can offer strong cash flow with less turnover.