I have seen these circumstances; people die, go out and buy a car, lose their job, etc… Just my own two cents, I’m not an attorney, just play one on TV

just wondering how folks think you can buy some course for a month and become a hard money broker..

After selling one and using a 1031 exchange to buy a fourplex in Chicago, he reduced his interest burden by 20% while boosting his net incomes by $1,500 per month.

Lets say you buy a property for $200k and put $50k into it and then net $300k which is 20% profit.

Don’t buy into the obfuscation.

It depends on where you want to live, income, personality, and other factors.You could buy a large home and rent out the individual rooms to cover expenses, but this comes with problems.

In addition to managing 65+ units in the greater Tampa area I also am a broker who almost exclusively represents investors buy the best available STR properties both on and off market. 

Don't buy those types of homes, they will take a long time and not sell for what you were thinking it would sell for! 

@Jeffery Jones you understand you'll be buying Class C & D properties, not in the best of areas?

I am a buyer - my buy box is 200k ARV, all in $150k after repairs, rents for $2000 per month.