Are you suggesting that being crammed in a small hotel room represents a better experience than being in a comfortable homey Airbnb?

You might consider starting with a small property that fits your budget and gradually expanding your portfolio as you learn the ropes.

This person was one of our first guests and a scammer who found one small thing and complained about it to Airbnb demanding a refund.

Why do you think purchase contracts are so long and have such small print?

A small park in Alabama with septic will almost certainly run an expense ratio higher than 40%.

If you're comfortable posting a link to your property, it would give you more direct feedback from everyone so we can try to help you meet your target. ;-)

The market has a lot of strong points right now: affordable entry prices, great rent-to-price ratios, and high demand for rentals, especially in the Section 8 space.What’s even more exciting is the direction Detroit is heading.

Examples might include areas in the Midwest, Southeast, or Sunbelt regions.Multifamily Properties: Consider duplexes, triplexes, or small apartment buildings to increase unit count and spread risk across multiple tenants.Short-Term Rentals: If you’re comfortable with the management requirements, STRs in vacation or business travel markets can offer significantly higher cash flow potential than traditional rentals.Value-Add Properties: Look for opportunities to buy undervalued properties where you can force appreciation through renovations or better management.Decision FrameworkRun the Numbers: Compare the projected cash flow, equity growth, and tax implications of selling versus holding with a refinance or HELOC.

Small businesses are typically valued at a multiple of SDE.

Can anyone point me in a direction to start?