Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k Darnell, did you get your questions answered?

Well, STR can work well for people who own a vacation house for personal use, and just want to generate some extra income when not in use.  

Context, i bought a house at a foreclosure auction.

I have investor friends in LA area offering temporary free housing.

I love the program, as it helps many people who can't afford housing.

For starters, I recommend to begin with a single family home or if you are looking to start locally, do house hacking. 

To get started, consider focusing on house hacking in California with properties like duplexes or single-family homes with ADUs, or explore out-of-state rentals in landlord-friendly markets like Ohio or Georgia.

I had some success in doing a house hack short term rental with my first property and wanted to continue growing my portfolio.

Our IR team is vertically integrated in-house and not outsourced.

By the time it was all over, the court fees, attorney fees ate up the entire EMD and then some --- this seller never intended to sell the house.