Worked fantastic with 1% fixed rate for 5 years, and 2,5% for the rest of the contract with variable rate. 

There is a condominium complex that is fantastic for short term vacation rentals.

Unless the deal is fantastic of course, and maybe it will be! 

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

It's a fantastic tool for bookkeeping.

It was a fantastic surprise because it's not what projected was, it was perfect case scenarios. 

making $150 net in month 1 because a spreadsheet said so is fantasy.here's a fantastic thread about 'cash flow' investing from California - i highly recommend it.https://www.biggerpockets.com/forums/48/topics/1159104-overl...i say all this not to be discouraging but to be realistic - hope it helps

A tidy profit, plus confidence to tackle the next project solo.On the topic of self-directed IRAs: While they’re fantastic for gaining experience and diversifying into real estate over time, they can feel restrictive if your main goal is scaling quickly.Here’s what I’d focus on:Using Equity Wisely: A HELOC or cash-out refinance could unlock funds to pursue a flip or duplex without touching your 401(k).Partnering Smartly: Your realtor friend sounds like a great resource.

Hi Kevin,It looks like you have some money saved, that's fantastic.

Nothing fantastic for sure but the property paid for all its own bills and made money with a newbie operator.