Despite the initial setbacks, we got a remarkable cash-on-cash return of 37.5%, far surpassing industry standards: Cash-on-cash return (Hammond Townhouse) = $12,000/$32,000 = 0.375 = 37.5%.

An architect or engineer can also provide valuable insight into the design and structural aspects.

Seems like most folks favor the liquidity aspect of building cash or investing it in more liquid assets for now.The reason people are saying don't pay off the mortgage is because you are on a real estate investment site where having available cash to invest, and using equity, is important.

Don't forget to negotiate, factoring in potential repair costs, and research neighborhood aspects like crime rates and school quality for a successful investment.

Each session focused on a different aspect of building our own personal wealth strategy.

My top 3 favorite aspects of STR's:1).

QuickBooksQuickBooks can be a good option for tracking the financial aspects of your deals, such as downpayment, funding sources, mortgage details, and cash flow.Pros:Widely used, with robust reporting features.Can track both income and expenses, making it easier to manage the financial health of your properties.Offers integrations with banks and lending institutions for easier transaction tracking.Cons:There might be a learning curve if you're not familiar with accounting software.May require customization or additional apps to track all the specific real estate details you mentioned.3.

While I can't compete with larger lenders on some aspects of lending, I pride myself on working on providing a mutually beneficial relationship and 'being there' when needed. 

However, he is very knowledgeable and experienced with many aspects of RE.

I then find the realtors number and give them a call with my offer.I have a investor who I have been working with who is awesome and has been supportive when helping me run numbers or evaluating other aspects of a property such as Curb appeal.