They also only charge 1.5% realtor commission for the selling side and obviously nothing for the buying side.

I'm assuming at this price you are buying one of the 2-acre parcels where the subdivision is not yet complete.

You are not going to buy land and put in a mobile home and the lender in 6 months will consider it a single family home.

What type of properties are you looking to buy?

So now I have both my personal residence and a leased property as STRs.Even though I live 3 hours away from my leased STR property, I've built a team that assists with managing it, so I don't have to be there all the time.Here are some key things I've learned:Regulations: Research the specific STR regulations in the state and city where you're looking to buy.

We have 60 rentals12 air bb units, Ohio  and Fla. 15-20  flips and wholesales, between buy and sell close at any point. 

I've considered going Dave Ramsey and buying a house with cash and upping my budget to $100k in a smaller market, but that would blow almost all my savings, and $100k just doesn't get you much anymore.

Buy the property with seller finance & finish it up.Tahoe is a great short rental area

There will be many situations where you can help a homeowner save their home -  however, in other situations they just want to sell quickly which provides a wholesale, fix/flip, buy/hold opportunity for you. 

Anything you buy in the Columbus Ohio market is currently blow up in terms of appreciation growth so it's one of those markets you want to hold the real estate for the rest of your life.