Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

As you know bedrooms are worth more to appraisers than an extra living room.

But how much is the function of uploading the listing to the MLS worth?

What is the home worth today?

I believe that doing cabins now I can basically do the same thing that took me 15 years to do in houses in terms of growing a portfolio worth 10 to 12 million to where I'll owe 7 to 8 million (3 to 4 million in equity/net worth) that will net about 150k to 200k a year.   

@Max Dauer just remember that even tho you may only spend a few hours a week actually working on them or dealing with guests, you are always on call.

If the lender used your credit report as part of the decision, they should also include details about the credit reporting agency.It’s worth following up with the lender to formally request this denial letter and ensure they’re compliant.

Not worth it.

I'm not sure if that conflicts with the 150 mile rule mentioned above, but it's worth asking your loan officer.

Remember to looking into rental and cost seg to wipe out entire taxes form your Flips.This post does not create a CPA-Client relationship.