Investing in real estate is a great way to build wealth, and it’s smart to start by understanding the basics.

Investing in new construction can make sense here given the strong appreciation and you end up leveraging basically the same amount of cash and have an asset that's not 60+ years old or more. 

The cash-on-cash return for my co-hosting ones are basically infinite because I put zero down in monetary value (sweat equity and experience are another thing) to make a profit.

However they are also one of the best investments to drive booking in.4.

That can cost you bookings and drive cancellations.Snoqualmie Pass is popular for skiing, but a decent place there (I looked in Jan) will cost 2m give or take.

(Here's how we keep it all straight.)Project management software (Asana)-> Order of operations-> Responsibilities -> Deadlines-> Notes-> SOPsDaily Contractor Check-in Calls/Texts-> Roadblocks-> Resolutions-> ResultsIn Person Walkthroughs-> Our Property Manager-> My Business Partner-> Our Realtor-> MyselfHow do you drive results for your renovations?

This limited inventory will likely continue to drive prices upward.Sales - Median $/SF by MonthAs expected of the season, the $/SF dropped slightly MoM.

Ross:Here are my thoughts:1) "As is" basically says to me they do not intend to give a discount because you suddenly realized the roof needs replacing. 

It will familiarize you with the basic terminology and benefits.

So basically, for a B minus area, for a 3 bedroom brick home you will spend 110k for a rental that brings in $1,400 per month and in a class D neighborhood Section 8 you will be all in for the same cashflow at $80k.If you extend you view to "Metro" Detroit you have more opportunities in Cities like Warren, Hazel Park, Taylor, Romulus, Eastpointe, et al,.