So, make sure you do your research before installing cheaper flooring.4.

That is something that is growing due to the limitations of STR.MTR is something that will help you but you will have to be a bit flexible in the times that you are planning to come in.Management is cheaper than STR, but you have to consider other factors such as close to places where those MTR are in need.

I just recently came up with the idea to BRRRR too so I'll see what she says about finding these significantly cheaper properties. 

If the numbers don't seem to make sense, consider a cheaper (but still growing market) or just keep saving until you can do out-of-state investing. 

and if that doesn't sound worth it to you or sounds like too much work... then i wouldn't buy.and i get that NY is expensive but you probably have cheaper markets within an hour or two. 

@Bao Vu The purchase price and related expenses from 2023 should be included in the cost basis for the flip sold in 2024, reducing your taxable gain.

I am saying they can be beneficial at times (probably not at the current rates - there may be cheaper money available). 

With the idea of "we can turn money today into more money tomorrow by investing it," I place most of this within a taxable brokerage account where it grows based on the market broadly speaking.

Moving the house only a short distance on the same lot should be MUCH cheaper than moving it somewhere more distant. 

International rentals are cheaper too to purchase.