Purchase price: $47,000 Cash invested: $7,000 Sale price: $85,000 This deal was sentimental as I grew up on this street and wholesaled a house across the road just 1.5 years ago.

Additionally, if you onboard a new units during the 1 year mentorship you can utilize the team to help you be profitable from jump street.

This is also the best thing, because many out of state investors find it confusing and stay away, which keeps our returns much higher and wards off Wall Street investors from buying up swaths of houses, which we've seen in other markets.As an STR specialist, keeping up with zoning and regulation statewide is a huge part of my job.I also host monthly short term rental events for local investors, monthly webinars, and I also often get furnished, turnkey off-market STR properties.

The masses are like people all hoarded together walking in circles with blinders on when their eyes open occasionally when they think they find the one thing to get them too easy street.

If you don’t have the parcel’s block & lot #, you can use the street name & # to pull up public record docs including deeds, liens, violations, etc.

There is plenty of street parking so it wasn't a giant issue.The conversation was pretty straightforward.

Read it and employ it.The only thing I'd really hammer home is understand and study the market you want to get into-- meaning visit it multiple times, know the streets, get a healthy understanding.

You can do this with a simple, one-page addendum, or even a written statement added to the existing lease and signed by you and the tenant.Example:This lease agreement is hereby amended to reflect the change in ownership of the rental property located at 123 Straight Street, Cody, WY 82414.

What I did was buy a single-family home down the street from me which didn't need any renovations (although it did end up needing some cleaning). 

That's not a trivial amount of money, but it won't leave you on the streets when you're retirement age.You got this!