@Courtney Barnes this sounds like a a great goal, and it is absolutely achievable if you do your research and buy the right property.

It’s possible it achieves positive cash flow as an Airbnb but I worry about the down months and other risks associated.

@Heather Little A few things to consider and understand:What is the purpose behind achieving REP status?

.- **Set Clear Goals**: Define what you want to achieve with your real estate investments.

It reaffirms that by taking action, continuously learning, and being willing to adapt, investors can achieve their goals without the excessive financial burden of costly courses.Thank you for sharing your wisdom and encouraging fellow investors to take the leap and begin their own real estate journeys.

@Nathan G.Good question. 12,500sf: I have found that that is the min number of square footage where you can automate a facility and still achieve close to maximum efficiency with expense ratio.

I know that can be a trap for many now, because, to put the shame of their impoverished pasts behind them, they take on oversized mortgages and car payments and loads of lifestyle expenses that keep them living paycheck to paycheck forever.What have you had to unlearn along the way to achieving your own goals?

This visit is crucial for me to grasp local market nuances firsthand.

Getting a househack helps you understand if RE investing is right for you, gives you first hand experience at your doorstep, and starts to churns those wheels inside your head with your next move. 

It’s essential to build a solid foundation of knowledge and confidence in real estate investing.Learn MoreTo see some of the deals we’ve done and the successes our partners have achieved, please visit my BiggerPockets profile.