Most importantly, you should never take a dollar of profit until every dollar of investor funds has been returned.

Just curious, which area of your current STR'S is the most profitable?

Do what you can with what you have to earn a profit.

Very profit first friendly, if you are doing that. 

I then turn the home into a rental, or sell it for a profit. 

How do you weigh the benefits and risks of each option to maximize profitability in your investments?

Purchase price: $90,000 Cash invested: $24,000 I took a chance on a town that most people overlook and this property has been profitable since day 1!!

Still walked away with a whopping $3500 profit!

Property 1:Purchase price - $73,000Mortgage - NONE (Paid Cash)Monthly Rent - $875Monthly Profit - $580Property 2:Purchase price - $65,000Mortgage - NONE (Paid Cash)Monthly Rent - $950Monthly Profit - $750Property 3:Purchase Price - $107,500Mortgage - $80,625 Monthly Rent - $1300Monthly Profit - $435Current Cash Available - $110,000Current Available Equity - $96,500 Cumulative Total - $206,500The available equity was a HELOC loan that was given at 70% LTV so those are real numbers, they would be from property 1 and property 2.The reason im typing this is because I would like to know if there were any builders that could give a rough estimate of building cost per square foot in Kansas City area or suburbs.

I have been in another syndication where they had a deal go south but the GP's decided to fund the entire remaining capital they needed and eventually turned the deal around for a profit.