Nice thing here is property maintenance/expenses is turned over to the tenant/owner and you're out of the landlord game, but still get monthly income.  

Also the distressed seller is selling for 110k and the prop is valued between 170-200k on multiple sites.

Meaning, automatically turn on power when a tenant leaves...Or, is this to difficult with multiple power options.

How do you balance the wants vs. needs game while still enjoying life today?

If you scroll through zillow you will quickly see multiples of these designs.

Where I would ultimately like to end up is with multiple properties that I rent out, even on an international level, as I love to travel.In order to achieve my goal: What strategies could you all recommend?

So I do want to clarify a few things about how my property is furnished that I assumed was implied, but my potential MTR does have the following: - Washer/Dryer- 75 inch mounted TV - Fridge/Microwave - Kitchen Appliances (silverware, pots/pans, soap dispensers, coffee maker, cutting boards, etc) - Multiple large mirrors on walls, fake plants around the home, living room carpet/coffee table in additon to couch. - Full office with a desk and a deskchar plus filing cabinet. - Bathroom towels, hair dryer, soap, toilettires, etc. - Grill in the backyard.

It has been discussed on this forum multiple times, you can search the forum for earlier threads.The reason CPAs disagree is because it's somewhat controversial, especially between accountants who do NOT specialize in real estate.

While the rates can be a bit higher, the ability to work with a lender who understands your specific needs and timelines can make all the difference.For larger projects, private lending can be a game-changer.

I am looking to do multiple flips a year and need funding.