Also, some concern on the $5.3 million in transaction cost to acquire the property approximately 9% of the deal, obviously there won't be any money set aside for renovations given that the property is only a few months old, so this is all frictional cost to the investor. 

Find a lender who understands your long term real estate goals and understands that rental income can help knock down your DTI to qualify for more loans and acquire more properties. 

My pleasure @Christopher Jordan - and since it is a dream second home, I definitely recommend you acquire a property in the area that appeals to you most.  

The second: Specialized Real Estate Attorneys- This has been a huge challenge for me since most attorneys I reach out to either work for major banks or charge prices that just don't work for acquiring up to 5 properties a year.

Purchase price: $98,000 Cash invested: $31,000 Sale price: $166,000 We acquired 1212 Ridgmont from a wholesaler, and it turned out to be a straightforward rehab project.

I reckon I've personally acquired a least three properties on seller terms and have assisted at least three others in three years acquire properties with favorable seller financing. 

Hello BP Community,I’m in the Phoenix metro area and am looking to acquire my first investment property to flip.

I am wanting to start investing in STR acquiring or developing the real estate.

But, generally, I wouldn't put ceiling fans in a rental if they're not already in it when you acquire it.

Faster you get in the game and learn, the faster you can acquire the skills to do it for yourself.