Another struggle i have with STR is replacing small items continually which ties back to pricing.

If you elected to rent, would a house be the only considered option?

@Brody Trott You can not got wrong with House Hacking.

In 2023 I bought one house, invested in one syndication, and focused on fixing up existing properties. 

We normally do not seek judgement due to the expense that is involved, even after you win you have to continue to renew the judgement every year.We put them in collections and have it hit all three credit bureaus.

I am not preticuarly brand new to real estate as I've done 1 house flip before and 1 brrrr here locally to me.To begin, I’m aiming to tackle two single-family BRRRR projects in the Jackson County, MO area.

But I bought 3 more houses with the cash and now cash flowing $3000/month vs only $1200/month with that one paid off house.

“As a property continues to sit and become dilapidated, it’s like a cancer,” she said.

Lake house, cabin feel, waterfront etc.

House hacking is definitely a great way to get started.