The entitlements would cost 50k to do. we'd make 2 million on the land if we do the deal. stick to the same market and same asset class. we do urban adjacent urban infill for midrise in hotels and extended stays and apartments in Columbus Ohio. what market are you in?

But if it's coming at the cost of your health or something else important than time with your family then it's perfectly fine to step back when you need to.I think this goes without saying.

That's like asking how much it costs to buy a car. 

Also this could be a potentially lucrative business partnership.

From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.

Lots of older houses but there seem to be several that have the potential for cash flow and while not exactly modern on the outside, have been renovated inside. 

Note that legal and transfer costs are not deductible but can be added to your cost basis.

Once I've completed these initial projects and built up some capital, my long-term goal is to transition into buy-and-hold investments in potentially more affordable markets to maximize cash flow and scale up.Right now, I'm particularly interested in investing locally here in the Seattle metro area.

It also saves you some costs, which is helpful when you’re just starting.

As the market evolves we've intensified our commitment to helping investors focus only on listings that are eligible for vacation rental usages and either; have exceptional existing production or high potential for rental performance.