That gives you options to expand, hold, or sell land if the income isn't there. 

Sometimes you need to know when you can hold em and when its time to fold em and move on.

Investment Info:Single-family residence buy & hold investment.

Seldom, do I hold a property more than 18 months.

Some months I’ve unfortunately had to pay like $150 out of pocket but I’m Planning on holding long term wise and the let the rental bare fruit later in my life because I’m only 22 and just wanted a base hit or a rental in a great neighborhood.

I bought my first single family LTR earlier this year as a buy & hold, now starting to explore next steps.

If you don't have anyone that has booked a week or so before, you can move it to 1-night min on weekends but I would hold strong personally.

It would be nice to start a group which meets with regular cadence so that attendees could plan to include it in their schedules.

@Katharine Chartrand   This buying of redemention rights is rampant here In Oregon.. those that buy the rights usually have no interest in the house.. they hold the rights hostage so you will pay them money for those rights..

My local bank refused to open a regular LLC business checking owned by my IRA.