The HOA takes care of everything outside of the studs and I save enough to just replace anything that breaks and skip the repairs. 

Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.

Sounds good to me, I'm always happy to share my workflow with others and making connections.

Part of the reason I threw myself into work and used to work 60-80 hours per week until I was let go last year when a new Upper Management came on board and started replacing managers with personnel from his previous employer.

It is actually a little more involved than that sounded but you should get the point.

It'll take you a while to replace your $60k income...Assuming that you make 2.5% per deal and pay your Broker 1/2, you'd need to buy/sell $5,000,000 worth of properties per year to equal your current salary.

It sounds like you’re in a solid position with your skills, VA loan access, and local handyman expertise.

Building a portfolio with your brother-in-law sounds like a great partnership, and Cedar Rapids is a solid market to start in.

Welcome to BP, sounds like a good plan!

If the sewer is still functioning (sounds like it is) you get to decide what to do with the money.