It allows for passive investment and can be easily divided among beneficiaries after your parents pass away, helping to avoid disputes during asset distribution.This strategy helps manage long-term care costs and simplifies estate planning, ensuring a smoother transition for beneficiaries.

Any opportunity is too good for the law abiding citizen, unless he can bring to table millions of dollars , spend 60 hours on some BS course to acquire a license, to have every breath and sigh controlled, regulated, restricted, obstructed and sabotaged.

The absence of vacancy losses alone can easily more than make up for that. 2.)

If you're losing $1k/ month by holding it, it costs $2k in repairs and will take 3 months to fix. is $5k an amount you can easily get on cashflow or equity added?

While it's always best to have a plan for how you are going to execute your exit strategy BEFORE you get started, if you're like me and just jump in you could easily find yourself wondering how to execute this plan if your initial plan runs into problems.BP is full of great advice on refinancing and if you just post that is what you're looking for, the vendors will come out of the woodwork. 

And I am not sure if that's because luxury property rentals just don't have the same ADR here in comparison to other markets - in a lot of other markets even as far as West Virginia in harpers ferry you can easily charge $800+ in those markets, whereas inWe haven't purchased the area in Airdna or Pricelabs as we are just looking at the data at a high level right now before we commit to that one area since we are looking at a couple of other properties too.

And they have a huge amount of beaches much nicer than Tulum's or Colombia's, which are much more easily accessible from pretty much anywhere in the world where most tourism originates.Yet, they won't do it.

For a 4-Plex, I would say that you're looking at more than $30k - easily. 

If you are ready to go and have $5000 that you can easily afford AND you are interested in Philadelphia or Houston deeds, you could learn something.

Man Ontario is tough on landlords.Can't charge application fees, can't collect security deposits and I've heard it can easily take a year to evict for nonpayment.Yikes!