With an ARV of $400-425k and an LTV of ~62%, pulling out your initial investment while maintaining positive cash flow around $500 per month sounds like a good strategy.

We are very thankful this happened as this initiated our love for real estate.

But, this doesn’t reflect the fact that the initial investment decreased from $100 to $50 over two years.The flaw with ARR is that it doesn’t take into account compounding or the actual sequence of returns.

The steps initially appear pretty doableFind the propertyRun the numbersGet the financingMaintain the assetRefi once stableMy concern is in the exit strategy.

Im wondering if there's anyone who can help advise me on this process or the initial steps I should take.

You were also responsible for anyone inside the properties and you were buying them blindly with no initial walk through.

Hi Dylan,Your strategy to buy a townhouse for $260,000 with an initial $9,800 investment and live in it before converting it to a rental is a financially savvy move.

Paying too much initially can significantly impact overall returns, emphasizing the need for thorough due diligence and possibly more stringent financial analysis before purchasing.For future investments, consider leveraging local market knowledge further and refining your property evaluation techniques.

While starting off you should be able to handle your own bookkeeping initially until you start to scale.

Your initiative is impressive, and I’m here to support your journey in any way I can.