(Actually this is good news for us as rental accommodation providers)They are staying longer their parents and latest stats are pretty telling We are facing a generation of “pay as you go” ( No loans, ties or long term commitments)- Amazon prime and Netflix (instead cable) - CoOp vehicles / sharing (instead loans or leases)- House and vacation home sharingI see this new reality as an opportunity, but what’s your take on it ?

The cops know his vehicle.   

If chemical levels are off you can actually damage the pool surface and resurfacing a pool can be $3000 and up.

As for strategies, you can eliminate flipping, wholesaling, development as they are jobs and not cashflow vehicles.48K a year in cashflow on 400K investment, so that's a 12% cash on cash return. 

@Stephanie ChoiCongratulations on the condo purchase.BRRRR is Buy, Rehab, Rent, Refinance, Repeat - With that said since you are holding onto the property and expecting significant appreciation to occur - you do not want to hold it within a corporate vehicle(C or S).WIth that said - you likely want to hold it in an LLC; but you should consult an attorney prior to doing so.If you and your boyfriend are not married, the LLC will be required to file a partnership return since it has 2 members.

In any investment vehicle...real estate, bonds, dividends, this is a fundamental rule in investing.

@Matt K. agree on the car. my vehicle is paid off however I know it's a ticking time bomb before needing a repair.

At this point, the property feels like a forced savings vehicle for me.

I currently work full time as a chemical engineer.

All clapboards replaced, all trim chemically stripped--really!