I've got about 7k in an emergency savings account.I am in the process of getting several mortgage pre-approvals to compare fees and get an idea of how much home I can realistically afford.I have yet to find a buyer's agent/investor to help me identify potential homes but will start on that shortly.Ideally, I would like to buy a single family home.

I love being on the other side charging everything possible on a credit card but there’s no reason to accept them.

I currently have a homeowners plan with Allstate and plan on asking them if they have something like a short term rental rider plan that I can add in addition to my current plan.

Commercial properties are not evaluated by "comps" (well not exactly) they are evaluated on cash flow.

If you ever are interested in a more affordable market I'd love to connect on what the Midwest has to offer!

Anybody familiar with this case... and/or know the details of where more info on it can be found?

. - Conduct thorough due diligence on potential partners. - For Private Lenders:- Vet investors based on their experience, reputation, and past performance. - Clearly define the terms of the partnership to avoid misunderstandings. - For Both Parties: - Use legal agreements to outline roles, responsibilities, and profit-sharing. - Communicate openly and regularly to build trust.

Using your example, you sell Mon for your $155K and have a contract on a new home for $100K two weeks after this one sold.

Quote from @Nicole Heasley Beitenman: I'm coming up on my first year of operating an MTR.

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.