Quote from @Jonathan Snider: I have been saving up for a while to purchase my first STR.

@Nathan Johnson "Our savings are minimal, since teaching isn't very lucrative and life is expensive."

Understanding the audience for each area helps us maximize the appeal—and the value—of every home we flip.2.

@Dillon Clark-don't pay extra down on your mortgage-don't use a HELOC-save up as much as you can-hope this helps

The ADU is a good idea for property maximization, but unless it has a separate driveway, it will push your rent in the main house down some because then you aren't renting a single-family house on a lot by itself.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

*Self-manage your property for at least one year to maximize profits and ensure quality guest experiences.Hopefully, this helps in some way.

Buy and renovate the property and in 6 months do a simple cash out refinance and pull out some cash and start the REI process all over again.I am North of you up in Pinellas County West of Tampa and there are also some great places up here that might save you some cash. 

If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.

Just trying to save others who care to be saved.