Passive income is certainly the name of the game - building a real estate portfolio and creating generational wealth are key ingredients to long term holistic financial health and success.There are fantastic real estate investment opportunities in various markets, particularly in the Midwest and Southeast of the country. 

Ensuring your rental market can sustain these costs will help maintain profitability over time.The 7% DSCR loan is relatively high, and refinancing later at a lower rate could improve your long-term cash flow.

I've selected Collin, Denton, and Grayson counties as my investment focus.My goals involve investing in multifamily properties and long-term rentals.

Ideally, I would like to use the buy and hold strategy, with a 50k budget to get started.  

Our bank will let us use equity that exceeds 25% across multiple properties that are either owned free and clear or where they hold the first so long as the deal still cash flows with however much cash is brought to the table.

Some hosts go the mid-term rental route (30+ days) to stay compliant.

Setting up direct bookings is a great way to save on fees, but you’re right—it requires extra effort to ensure everything runs smoothly.For vetting guests, start by asking a few questions when they inquire, like the purpose of their stay, how many people will be there, and if they’ve stayed in short-term rentals before.

But an investment-focused agent brings way more to the table than just writing offers.Finds off-market deals you’d never see on Zillow.Negotiates beyond price—think seller credits, better terms, and saving you $$$.Spots risks & hidden costs so you don’t get burned.Thinks long-term—helps you buy with appreciation, rental income, and future wealth in mind.Has key connections to lenders, contractors, and off-market opportunities.If you’re looking at this as an investment, the right agent doesn’t just cost you—they make you money.

It's a 2 family in Dover, NH just a short drive from UNH. 

He intends to turn it into a short term rental.