With the upswing in the country's short-term and mid-term rental markets, a unique opportunity is presenting itself to house hackers during a time when it's harder to cash flow than it was a few years ago.

Having cash reserves is always a good idea!!

Definitely a chunk of change I don't want to pay, but having my cash back out to do another deal might be worth it... 

SFR houses will only appraise based on comps.So unless someone was paying cash you can't get more than they appraise for.The camp ground is a different story.

@Ed Lopez Many good points in this thread.A few things I was thinking about when reading your posts:1) At $500/month in rent with annual turns it is going to be nearly impossible for the cash-flow math to ever work.

Purchase price: $45,000 Cash invested: $45,000 Single family buy & hold

Purchase price: $50,000 Cash invested: $50,000 Single family brrrr

We still see positive cash flowing deals here with appreciation potential at really affordable price points. 

@Ketch BaysStarting small in a cash-flowing market is a smart way to gain experience and build confidence without overextending yourself financially.

We have had people leave early and in some cases I did give them a bit of cash back due to the circumstances.