While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

The cash out refi will be close to 20k cash out.

No, they are not 100% passive, but NOTHING you do in a REIT, stocks, Bitcoin, or MLM can come close to comparing. 

MLS usually get's you the highest price but you need to account for the higher closing costs.

I hear they may take longer to close but you have time on your side.

Closed on 25 acres in Belize 2 weeks ago.  

Hi community,I just closed on my first investment property and it is a house hacking project.

(i) has not attained the age of 19 as of the close of the calendar year in which the taxable year of the taxpayer begins, or(ii) is a student who has not attained the age of 24 as of the close of such calendar year.Here, in black and white, the law specifies that the determination is made as of December 31st and applies to the entire year.

Just before closing, they decided that they didn't want the property with the property lines in the new walking trail that is coming connecting Mt.