That could be another non-traditional asset such as notes, crypto currency, etc., or conventional stocks, bonds and mutual funds.The advantage of real estate is that it is not purely an appreciation play as so many equities investments are.  

With rents at only $2500/month, I don't see how this can be a BRRRR or traditional buy-and-hold.

@Christian Nachtrieb- Congrats!

However she is o lay wanting assistance in getting more reservations for bookings.This is a bit non traditional for me as I operate a full service management company.

Traditional building advice.

If you aspire to have rental properties you might like the financial benefits of keeping your existing house as a rental when you buy your next primary residence, if that's an option for you.Primary residence home mortgages have a lower interest rate than investment mortgages traditionally, so by buying your next primary residence and hanging on to your old one, you get to keep your lower interest rate on both properties.

However after my showing I think its a much bigger project than I anticipated and likely wouldn't qualify for traditional financing, so wanted to ask the community about how larger developers are turning these big old houses into multiple condos all over Boston.

I don't need a traditional duplex, as I agree MOST are in not so good areas.

Work must be done with licensed contractors and completed within 180 days after closing.The loan is based on purchase price plus rehab funds, which are drawn down as work progresses.They also include a reserve 10% minimum for potential budget overruns.3.5% down is based on the total amount borrowed.You also have to pay closing costs, which are substantially higher than a traditional FHA loan.

Im new to real estate and have been looking at different ways of getting funding and am not sure which method to pursue. Any input would be great and any dos and donts. thanks for time everyone have a great day and ha...