Purchase price: $60,000 Cash invested: $106,282 Sale price: $160,000 Contributors: Peter Vekselman Partner Driven and Seth Choate purchased this Oswego Road property in Crossville, Tennessee, for $60,000, investing $106,282 in renovations.

I'd also ask if you've confirmed with the agent the seller will consider only selling you 4 of the 6 (unless you have someone else that will buy the other 2)?

There needs to be more information regarding property type, location, type of deal (value-add or stabilized), your financial strength, experience, etc.

How long have you owned the property as an Airbnb?

I'm grinding to find my first property.

Since you're owner-occupying the duplex, most lenders won’t allow you to put the property into an LLC while you have a residential mortgage, as it could violate loan terms.

Hello, I own an out of state rental property in Indianapolis, and I self-manage the property.

My focus is on properties with historical charm, but I want to ensure that the renovations maintain their authenticity while making them appealing to modern travelers.I’d love advice from those who have experience with similar projects.

It will take a while before you’re ready.You need to pick ONE strategy, One property type, and ONE geographical area.  

I got properties under contract before so am confident that this is not going to be a problem.