The 5 tiny homes are sheds built out of wood pallets bro.

Purchase price: $1,900,000 Cash invested: $750,000 12 bedroom, 12 1/2 bath, home built in 1905 that was previously a rooming/boarding home.

Built in 1970s.

Rome wasn't built in a day.The advice above about leaning into quality assets is spot on.

While Vegas might feel like a good choice because it’s closer, let me make the case for Panama City Beach or Destin—they’re the kind of spots that could turn your first investment into a major win.Here’s the thing: PCB and Destin aren’t just beach towns—they’re vacation magnets.

Not every trailer is built the same nor is every park in the same location, but more often than not they are a depreciating asset. 

I know there are some STR regulations, but it seems there are plenty of parts of town where it can be done.

     * House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA     * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

Nobody ever tests for lead-based paint in homes built before 1978, because once you test you have to disclose.

I've been incredibly lucky with tenants, turnover, properties, appreciation, connections etc.That said I do occasionally find myself wondering, what if....If I had bought in Florida or Texas or a booming college town.