I am primarily a cycling and triathlon coach; my 9-5 job is writing workout programs to get athletes in shape for cycling, triathlon and running races all over the world.

My RE association recently hosted Robyn Thompson for the weekend to tell us everything she knew about house flipping (well, Nearly Everything) One thing she shared was the "Horsey Letter" It's printed with a watermark of two horses and a corral in the background, to help establish her legitimacy in the area (she lives and works big horse areas in Florida.)

I had been hoping to close on the house in mid July and race to get it up on the vacation rental sites ASAP to capture the tail end of the high season, but it looks like that's not going to happen.

What ever works for them..yeah.. thats horse doodles!

ThIs helps to separate the “sales“ from the “education“ elements of BP.This post should be fine for collecting referrals, but if you’re looking to get answers straight from the horses mouth I would either 1) make a marketplace post, or 2) message and connect with accountants and bookkeepers directly.Good luck!

For example, a horse or a llama may be rejected from a small studio apartment.Second – if the building has 4 units or less and the landlord lives in one of the buildings.Third – it is a single-family house that was rented without a realtor and the owner owns less than 3 single family homes.Fourth – if the animal in the unit brings an undue financial hardship to the landlord.Fifth – if the animal causes damages or harm to others in the building.This was taken from their website and might be of interest to others. 

Ideally I would love to buy rentals for cash flow and get out of the rat race by the time I'm 45 or at least have the option to do that.Now onto my current plan...

But you want to build up cash flow so you can get out of the "rat race"  As @Dennis Cosgrave mentions, its OK to make the property negative cash flow if you can make more investing that cash than it's costing you. 

It's not going to win the race but if you want to build wealth it's a great place to be.

From there on, I was convinced that Real Estate was my ticket to live the life that I wanted to live and to eventually escape the "rat race".