Short-term rentals are great, just consider that the initial investment will always be more than expected and you need a great management team.

We initially budgeted $50,000 for renovations but went over by $12,000.

if you own the land free and clear there are options for financing with no upfront cost with closing costs and initial draw coming from the land 

In 3 months, you will have learned 10x and if you read books and listen to podcasts while going to a lot of meetups, you will be 20x.What is your initial thoughts on your own buy box for Charlotte?

Hi Everyone,I purchased a new-build townhome by Meritage Homes in 2021, during the initial phase of the community development.

If you need to foreclose, that will take time and money, etc. so you want to have some initial equity.

Due to the initial condition of the home, I had to get a construction insurance policy, pay a larger amount up front in an escrow account, and insurance is pulling monthly from that escrow account.

Doing the right thing is expensive, but it pays off in the end.Yes, this is the option I initially explored and came across this pilot program that NYC was offering specifically to help homeowners legalize basement/cellar apartments but it seems like the pilot program was not much of a success.

Kevin I agree with much of what Brian initially added.

The initial draft is very restrictive.