Sure, you can make a few quick trades, but the playground monitors (a.k.a. the law) might notice, and you’ll miss out on the bigger opportunities and loyal customers.So, while skipping the license might seem easier, it’s not the best way to win at the toy game in the long run.I have this talk with 10-15 people each month at our Free Meetups here in MA, NH, and ME.

In this type of area having just 1 or 2 properties is ok because your tenant base is higher end and more stable. 

. $360k equity (based on your estimated loan balance and estimated transaction costs if you sold, this is not calculating capital gains taxes but that would reduce your equity down to about $310k if you sold without doing a 1031 exchange). $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).

Compare that to Phoenix where I had been to a game just one month earlier.

Since you already know the metrics in the fix & flip game, this might be an avenue for you to consider.

Real estate can really change the game, and finding the right properties with smart financing is key.

Fannie is now also requiring the GP team to have significant skin in the game. 

Whether it's optimizing listings on OTAs, leveraging social media, running targeted ads, or using dynamic pricing tools—I'd love to hear what’s working for you.Some strategies I’ve been exploring include: Enhancing property listings with professional experience photography and compelling descriptions, leveraging Instagram and Facebook ads to attract more direct bookings, and utilizing email marketing to engage past guests.What’s been a game-changer for your vacation rental business?

@Gary Abrams A cloud based solution would work really well in your scenario of having other family logging in and helping with management. 

I decided to re-list with different wording.