By targeting the right buyers and presenting the property effectively, we increased its perceived value and sold it quickly for a profit.

We were super lucky to have hit relatively low rates (15-year 2%-3% range) that we would not see again today.The Dallas property is now rented, giving a almost zero cash flow over a 15-year fixed mortgage, until the recent HOA increase pushed it into the negative side slightly.

Working on getting a new septic permit so we can add onto it, and increase the bedroom count to 4.

Working on getting a new septic permit so we can add onto it, and increase the bedroom count to 4.

Purchase price: $80,000 Cash invested: $25,000 I helped my father-in law convert his LTR to a STR recently (he's owned it for forever, but we wanted to see if we could increase the revenue by switching strategies and updating it).

@Andrew Gavre there will continue to be upward pricing pressure for insurance in coastal areas for the next 2 years, just not to the 20%-30% rate increase we have been seeing. 

This level of organization ensures that nothing is overlooked.Remember, risk tolerance increases with experience.

I also modeled out what the investment might look like if the exit cap rate increased compared to the purchase cap rate.2.

This strategy allows you to diversify your portfolio, leveraging both the stability of a Roth IRA and the growth potential of real estate, while gradually increasing your investment capacity over time.

If values in the area increase significantly then you can pursue a QT when it makes sense.