Stay curious, keep learning, and celebrate small victories.

Even when we became work optional, we still (wife and I) took on another live in flip, got part time jobs, starting cleaning our STRs ourselves rather than hiring cleaners (we're going to stop doing that this summer).

When you celebrate success and prioritize building relationships, you'll find that your network expands, your reputation soars, and the path to wealth becomes even more prosperous.

This is not “student housing” in the traditional sense - even the vacancy risk doesn’t exist as it’s a 12 month lease / they work over the summer there, etc.  

However, I happen to own 2 houses already on that street of older small 2/1s including the one next door that I purchased last summer in updated condition with a good long term tenant in place for $25k!!! 

We like the short-term rental idea because we could stay at the property ourselves when we want - summer break, spring/winter breaks, etc.Our budget will be right around $1M or less ideally, and we would like a short distance to the ocean.How likely is it that we could find a property as described above and have it cover or come close to covering the mortgage? 

Hi, Jorge - My MTRs are in California, too, and we have exceptionally high bills in the summer time especially for AC usage.

By February, the median home value dropped 20 percent, bringing the price down to $560,000.TKL found there are now nearly 8,000 homes listed for sale in the Washington, DC metro area, and almost half of them have been put on the market in the last 30 days.The tax-collecting Internal Revenue Service is preparing to fire thousands of workers next week"***************************************************************************Comment: Save The IRS  - said no one, everThis is just  completely made up you can see inventory here, it grew during the summer, and is actually falling now.

In our student houses we use a programmable thermostat, but our building monitoring system has its own sensors and can override the wall thermostat and will not allow the temperature to get below 10C (50F) ... we are presently testing a new software load that will also prevent them from cooling the house too far in the summer.

One of our MTRs is in an area with extremely low supply that we've had a waiting list for it one summer.