The main questions to yourself are: How much time do I want to dedicate to this? 

Initially I really wanted to do a STR down in North Padre Texas (as it is a place I have vacationed for years and have stayed in at least 8-10 of the STR in the exact complex im looking into, I see how my STR could stand out amongst the rest since Im huge fisherman down there and that is mainly what those STR are used as, already have boat rental option setup if I go this route, list of fishing and possible guides to go with depending on style of fishing, family, fun, hardcore wade fisherman etc etc and equipment rental available for those that do not have.), the places im looking at are decent $ properties that after running through calculators etc showing 18-22% CoC after management fees etc.But after listening to BP for about a month, now thinking BRRRR possibly and doing up here in the DFW area.

So i bought a home back in September 2022 in Kansas City Mo with 7.37% interest and I remodeled the home by putting a 2nd full kitchen and remodel the main bathroom almost putting close to $30k I have a remaining balance left of $275k in loan, I had to relocate to Dallas due to unexpected job transfers in 2024 May such a short notice didn’t want to put the MO home back on the market and loose money.

The deals not going to get better because of the questions you ask, but we look for three main things from an investor: 1) Liquitity/Financial Assets, 2) A good credit score, and 3, and this is a big one, Experience.

Though, my main goal is to be break-even or close to it in cash flow once a property manager steps in to take over. 

token=***" while True: response = requests.get(api_url) if response.status_code == 200: try: data = response.json() if data: return data except json.JSONDecodeError as e: print("Error decoding JSON response:", e) print("Response text:", response.text) return None time.sleep(10) # Wait for 10 seconds before retrying return Nonedef main(addresses): results = [] for address in addresses: lat, lng = geocode_address(address) if lat and lng: search_results = search_redfin(lat, lng) if search_results: home_id = extract_home_id(search_results) if home_id: parts = address.split(',') street = parts[0].strip() city = parts[1].strip() state_zip = parts[2].strip().split(' ') state = state_zip[0] zip_code = state_zip[1] detail_url = construct_redfin_detail_url(state, city, street, zip_code, home_id) run_id = query_apify_redfin_scraper(detail_url) if run_id: scraper_results = get_apify_scraper_results(run_id) results.append(scraper_results) return resultsaddresses = [ "123 Main St, Los Angeles, CA 90001", "456 Elm St, San Francisco, CA 94102" # Add more addresses here]detail_urls = main(addresses)print(json.dumps(detail_urls, indent=2))

My main point is I am working on a solution that will focus on the developer's bottom line.

80% LTC is standard on ground-up construction, if they are using an experienced builder, have decent credit & the after-build value is sufficient, it should be a fairly straight-forward loan.The main problem I see with non-experienced builders trying to build is lack of funds, they will need 20% of project cost + Closing Costs + 6 months reserves.

My main Q. was - should I take responsibility for their higher bill (after all, I am providing a safe furnace, its only more expensive than others to run) and if yes, what should I agree to?

I also have $50K in a taxable brokerage account and another $20K in an HSA which will continue to grow.The main part of my portfolio I have been working to grow is my real estate portfolio.