The market appreciates 3% per year.Pay cash for one house and rent it for $1,500.

Be prepared to provide extra documentation, as the lender will need clear collateral and legal rights in case of default.

The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.

Don't rely on AirBNB and VRBO to cover ANY kind of damage let alone major house damage due to guests.Get a correct STR policy even if it is an extra $1000 a year (that is about what we pay) over a standard home owners policy.

Those holding cost will certainly add up over time and kill any cash flow.

For southern states, you might want to look at smaller markets in Alabama, Mississippi, or parts of Tennessee and Arkansas where properties are still affordable and cash flow potential exists.

What you’re suggesting is not cash flow, it’s return of principle, giving her her own money back  If she sells with your deal.

.- Giving up too early – Sometimes, a few extra follow-ups could seal the deal, but many investors drop the ball too soon.💡 One trick that helped me?

Understanding your top priorities can help in determining whether Stessa, Baselane, or another tool might best fit your needs.If you're comfortable with apartments.co for rent collection but want higher yields on your cash (this is me reading between the lines) you could have the transfers go into a high yield business account like BlueVine 1.5% interest or something like CapitalOne 3.9%.

I know NY lenders that can do 100% LTV helocs which might give you that extra flexibility.