@Mel ParkI don't think your reserves for maintenance and Capex are at all realistic, I use 15% of gross rents for them combined but I've seen some people on here use 20%.That being said, it sounds like you're a high net worth individual so your aim is to diversify and not chase the largest return which is justifiable.

@Nancy WassermanYellowbird Connect is the largest of the in-person meetings held here in Jax.

Indianapolis is the 16th largest metro area, fastest growing city in the Midwest, AND the 2nd most affordable metro area behind Memphis.

Pricing (both materials and labor) have dramatically increased since 2019 so that is the largest reason for your error in pricing.

I would say initially we were slightly under after factoring everything in, but didn't take long to move to slightly over, and better and better.I would say two of our largest learnings in REI were around the PM:- Our PM is far better at mandatory rent increases and making tenants pay utilities etc, as where we were often afraid to ask (to say nothing for their knowledge of other rules, regulations, trends that we know nothing about)... so i would say at the end of the day our PM probably makes us money rather than costing us money.- For us, this is a long term game and all about lifestyle. 

I would contact Tiffany Lachnidt from the Distinctive Group.

The downside is the interest rates are a bit higher.With a refinance, you can typically get a lower rate than a HELOC; however, the largest downsides are the fees and closing cost along with the fact you have to start making principal and interest payments right away.Can't really go wrong with either method.

I would recommend getting the largest (most bedrooms) cabin you can afford.

Its no secret that bigger pockets is an absolute publishing power house. Which for new information seekers could be a little overwhelming! I would like to have anyone who has read any of their books to let us know wha...

The largest cost was rent/mortgage.