Then we have a mid 50's gentleman who rents a SFH from us for $675 & is also on Soc Security Disability.

4.They guarantee you, you will have your first offer accepted in first 30 or 45 days I believeCome on… There are millions of listing in the mid-west region, all their listings are from Zillow… Basically everybody can do that by themself… The biggest point is, all the houses in these regions are old houses with tons of issues… I bought a house with crack foundation, that fix costs me $12k…(All because I trust the Agent telling me the contractor will help us to do the inspection and we save that $500 inspection fees)So buying a houses in these regions are really easy, it is just there, the biggest thing is you need to have the team and source to inspect these property and fix the problem on the property.Unfortunately, in FlipSystem’s advertisement they never mention this part, that’s like putting the inexperienced people into the big RISK!

Tomorrow I start my 40-hour real estate program to become a licensed realtor in the state of Massachusetts by mid-April 2024.

Charging $50 a month for washer/dryer, Mid Term rental, Furnished/semi furnished etc. 

Have you considered a furnished corporate (mid-term) rental for increased cash flow?

I could potentially sell this home in the mid 500's currently.

What are you goals in the short, mid, and long term and does the deal move you toward your investing goals. 

Reason I ask is most do not realize the interest income is taxed at ordinary income rates, so if you are in a higher tax bracket, that 8% you are getting ends up being in the mid 5's, which is basically the equivalent of a CD right now but just a lot more added risk.

Hello there guys I have a six-unit multifamily building in St Louis where I am trying to do a mix of long term rentals and mid term rentals.

My guess is, with a maximally frugal approach, mid 5 to low 6 figures to create, and high 4 to low 5 figures annually to maintain.