The numbers don't lie when you make conservative guesses.I have a couple spreadsheets I use to do quick evaluations of BRRRRs, STRs, and DADU/AADU development.

We started at 80k in car debt at the beginning of the year, re-evaluated, took a loss by selling one of the vehicles and paid down another.

Last time I did this STR income and expense tracking evaluation process it was overwhelming. 

While researching and evaluating homes, I had an idea for managing the down payment and emergencies for the first property.When I find a property with good cash flow, I could use a private money lender (PML) to cover the down payment and closing costs.

So you log that number in your head - that at $145,000 you have $69 cash flow when rates are at 7%.But if rates were at 5%, your payment drops to $623 for the P&I instead of the $772.  

How do you currently find and evaluate investment opportunities?

Here’s how to navigate these issues and negotiate with "AS-IS" sellers.Step 1: Asking the Right QuestionsDuring the initial phone call or walkthrough, I ask the seller key questions to assess the condition of the well and septic systems:Do you have any well reports, logs, purity tests, or flow tests?

If you have better options, you can share your details for evaluation. 

I would help to know exactly what numbers you are inputing into the calculator and what deals you are evaluating. 

Can you come up with a vision with your wife for how you want it to look and feel and then evaluate pieces accordingly?