STRs have a huge earning potential but it's definitely something that takes a lot of time, patience, and effort these days.

As the risk goes up the cost of money goes up.  

What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?

It saddens us when one of our partners did not realize the full potential of the profit they were seeking by investing in rental income properties.

Is that amount worth risking at this time potentially having to pay from your primary residence?

Features a versatile layout with potential for office or hobby spaces, and a primary suite with a double vanity bath.

Dallas on the other hand has more growth potential in certain markets in my opinion.

on a recent podcast Dave and Henry Washington talked about 10-15 years being a potential timeframe. 

within days Wagner comes up with this Brennah oaks development and markets aggressively and even wrote a book.another few months I get a note from real wealth (Kathy Fetke’s group) through which I met my turnkey providers and they said they have cut ties with Jean Gillen and anyone associated with that group. so for my risk appetite I didn’t and wouldn’t do business with them and I live an hour from ocala. 

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?