I have one tenant who is a god send compared to most, he accomplishes nearly ever repair I need, even did an HVAC unit. 

$3k is insignificant compared to your current holdings.

If you are getting a good deal on a place and it is just a regular-style house, I would run numbers compared to AirDNA and Mashvisor's estimated revenue.

The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.

Before jumping into the condo, I’d take a closer look at whether the $300/month cash flow is worth it compared to other options, like a small multi-family property or a property in a higher-yield market.

I did notice end of 2024 to be more active and January to continue that streak compared to 2023 and start of 2024.

It’s a great way to grow faster.HELOC or Equity Tapping: If you have equity in another property, using a HELOC or cash-out refinance could help cover the down payment without affecting your DTI as much.Seller Financing or Creative Deals: Look for sellers willing to finance directly, which bypasses traditional mortgage qualification hurdles.Scaling quickly often involves combining strategies—play around with what works best for your goals.

It also helps to show them the amount of interest they can get when they add up 30 years of payments (compared to the sales price). 

Happy to share insights and compare notes!

I’ve been a member since November of 2024 and my review of Rent to Retirement was based on my experience purchasing a rental from out of state which went very well compared to other experiences I’ve had to go through.