Purchase price: $62,000 Single family BRRRR.

However, I'm a single guy and that may not appeal to everyone.

We get free leads every single day on auto-pilot.Also, you are not looking for distressed properties.You are looking for motivated sellers.

Keep in mind not every renter is single most have combined incomes.. so 50k is the real number

These people EXPLICITLY do NOT want to sell their house.

Think of it as the rough sketch that helps you figure out where you want to swim: Omaha’s stable single-family rentals with decent cash flow and strong appreciation potential, the sizzling up-and-coming pockets around San Antonio where off-market deals still lurk if you’re willing to roll up your sleeves, or those tight-knit Chicago neighborhoods where a trusted investor-friendly agent can point you to contractors who won’t ghost you mid-reno.

I would highly recommend getting a single member LLC.

If you buy multiple properties, you can spread out your risk and avoid putting too much pressure on a single investment.

The only issue we have run into is the prices and bidding wars.Every single home we have looked at for personal use or an investment seems to have 5+ offers and go MUCH over asking.We are currently looking at Bay Park / Clairemont / Carlsbad / Oceanside. 

Hey @Brendan Connolly, so good on the single night stay with no instant booking.