An empty condo can be a financial drain with HOA fees, utilities, and mortgage payments stacking up.

@Daniel GrantzRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Keep going, keep asking questions, and keep stacking knowledge—because the more you know, the faster you grow.Disclaimer: I am a licensed real estate broker associate in Florida, but I am not a CPA, tax professional, or financial advisor.

Has any one done any business with Ramm financial?

Thank you for being potential resources!

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

I've got little personal resources backing me up but am ready to dive into REI full go.

I have a deep understanding of real estate markets and creative financing strategies makes me a go-to expert for investors, homebuyers, and entrepreneurs looking to scale their portfolios.Whether you're seeking fix and flip loans, DSCR loans, hard money lending, or conventional financing, My team at Shop Rates are dedicated to helping clients navigate the best options for their financial goals.Shop Rates3511 Gallatin Pike Nashville TN 37216https://shoprates.com/Phone: 888-396-7284

Chalet is a great resource for getting set up with a STR team.

Utilize your resources on here and I'm sure you can come to a happy conclusion on wheather to self manage or hire a PM company.