Hey @Justin Melton, are you also on VRBO?

Im a firm believer in purchasing rentals.

If anyone has any recommendations on networks or networking tools, it would be greatly appreciated.  

Should an investor use 50% of ARV as their purchase price cap?

Your original purchase is depreciated over 27.5 years.

That means your entire principal keeps on growing.

In general, Cleveland is an excellent market to purchase rentals. 

I am currently working on phase 2; building 2 ADUs.The permits are already in the works but the biggest question is what is the best approach when funding these 2 ADUs BEFORE I have the equity from my home?

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

I get that having a paid off property is very comforting, but to me it's not the best move if you're trying to grow. 20% down and 3% annual appreciation means you're making a 15% return on your downpayment.