Go where your income to cost of living is the greatest ratio, hands down.A good portion of my borrowers buy out of state and use property management to deal with the properties.If your in college you've gotta increase your ACTIVE income, before you get passive income.

Most have exited since the earlier thread's activity, so I'm starting a fresh thread asking members here, did you participate in any of the completed deals and was your experience and return as advertised?

Investing in markets or asset types with stronger appreciation potential but with less day-to-day management may be a smarter long-term move, particularly if your goal is financial freedom and less active involvement.In summary, pulling out $500,000 from equity could be a smart play, especially if you're focused on long-term appreciation.

An umbrella insurance policy for you while you are actively investing wouldn't hurt either.Look for Facebook groups that discuss wholesale deals locally to source fix and flip opportunities and get on the list for the local wholesalers near you.To Your Success!

If I decide to sell a rental property, my understanding is that my accrued passive income or loss on the rental becomes active income or loss. 

At present, our vacancy rate sits at 50%, but we are actively vetting a long list of prospective tenants.

Make sure you're active every day on here and listen to the podcast!

That way you know they are active in the BP community!

Whether you’re actively investing or just looking to network and exchange ideas, I’d love to grab a coffee or hop on a call.

I understand the business model, but I would like to see the thought process of someone actively running a Short term rental.