Check their occupancy, nightly rate and amenities.

In short, this would be an entirely appreciation-based investment.Given the state of the economy today, with high interest rates and the seller-buyer lock out effect, I want to discuss the pros and cons of this investment at length, specifically in the context of all the other properties / neighborhoods that I have been evaluating. 

Hi @Brandon Morgan,Congrats on getting your first property rented out!

I had a house where it was taking so long (9mos) I just sold the place to get out from under the small loan.

@Jesse Simmons  I did a similar deal as this in the past. 

Starting out can be overwhelming, but it’s great that you’re getting educated early.

Are you cleaning yourself or hiring that out?

I am excited to meet other members on this platform. 

Taking the current cash flow out of the way. 

I searched other threads on BP about this, and the explanations were about a 400k home, for example, that works out to a modest amount per hour.