-Zach, those coaches are employees of our investment company and have played a huge role in the 2,000 + units we've been able to acquire.

In my market minimum wage is $7.25/hour entry level wages are in the $12-18 range for labor intensive jobs like working in a warehouse.

Banking on appreciation to pay back your investor is not ideal unless there is an immediate value add play for the property.

I have a tenant #1 that keeps making noise complaints of  tenant #2 playing their music to loud and late at night.

I do have a couple of other options that are not attractive and would be "last resort" kinds of plays that I really don't want to entertain. 

Keep in mind... we did 203k financing on both of these which played a major part in deciding how much renovations to take on. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $215,000

Cash invested: $55,000

When we talk about long term rentals the goal is to buy something that people are g...

I still have many years before I can retire and withdraw penalty free, but I was investigating and saw I’m able to take out a loan against my savings and could use it for a home purchase.This gives me a bit a cash to play with but wanted to check if others have considered the same?

Certainly a strong equity play in addition to the cash flow :) Should be live on Airbnb in march.By the summertime, we expect the combined cash flows from our properties to exceed $20k/month.

But to use a casino analogy, playing with "house money" and getting all the perks is the best way to vacation in Vegas.