Opt 1) utilizing our savings in the brokerage account and emergency fund and pay for it all up front. 

Start with the end in mind --- what would be the investor's exit strategy for this home? 

I spoke to her and they were going to do a light remodel (barely lipstick on a pig) and start renting the place. 

Economic progress is rarely a straight line, and the key takeaway is that while inflation is still present, it is not accelerating out of control.Much of the increase in prices can be attributed to factors that often occur at the start of the year.

@Omar Fernandez - you can start by reaching out to some attorneys, NYC is an attorney city so you'll have to get an attorney involved (who usually orders the title search). 

The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing. 

Inflated ARVs - Im starting to see this on cashout refi's and purchases as well.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

If you’re strategic about locations, management, and financing, STRs can still offer decent returns in the right market.I totally agree that it’s not all sunshine and rainbows in real estate right now, but if you’re strategic—especially with tax savings and a long-term focus—real estate can still be a viable option alongside other investments.I agree with everything you said but it’s also important to consider the Time component.

I would definitely start off renting most units as LTR and slowly renovate and furnish units to do MTR, having a mix of both.