That kind of shoot-from-the-hip approach can be fun for a minute, but it usually ends up like my old buddy Rick’s first deal.. he bought a distressed fourplex in Tucson years back without a real plan, and while he eventually turned it into a solid monthly cash flow, he spent the first six months sleeping with one eye on the tenant ledger, praying the HVAC wouldn’t bail on him after a hot desert day.

Quote from @Jaycee Greene: @Shaylynn O'Leary well, that's at least someone with "eyes and ears" in the actual market. 

That allows me to show ROI from both a cash flow perspective as well as total ROI (cash flow + debt paydown) when compared with the estimated equity.The results were eye opening... there's a few on there that I'm likely selling off as a result of that exercise and a few others I'm going to do a cash out on.

MFDUs in high-demand areas like Asheville might be limited, but it’s worth keeping an eye out for smaller duplexes or triplexes that align with your budget.If neither works, continuing to rent while buying a pure investment property in a more affordable nearby market could make sense.

Quote from @Jaša Rot: Hi guys,my name is Jaša and i have recently read a book about banking that opened not only my eyes regarding financing but my whole brain...

what about columbia is catching your eye?

I do have a long-term rental in my portfolio, but it is in the town where my husband was born - so we knew the tenants beforehand and keep a close eye on the situation.

I have a rare opportunity to purchase a beautiful old historic inn that I've had my eye on for about 15 years that just came on the market.

Be flexible and keep an eye out for opportunities, as they often come when you least expect them.

Keep your first deal simple, and don’t be afraid to reach out if you need help or want a second set of eyes on a deal!