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. 

So I wouldn't bank on it for my initial venture. 

I've got an affiliate link, doesn't cost you anything and we offer two free sessions with my team so that we at least can add some value for you using our link.

How does buying a condo advance that initiative? 

Very rarely are properties or investments exactly as they initially appear.

Use a renovation loan where the initial rate is interest only under 7% and then you refinace into the perm loan when the builder or GC is done with the final draw.