Purchase price: $92,000 Cash invested: $30,000 Bought as our starter home with intentions of renting out after a few years of living in it.

Purchase price: $260,000 Cash invested: $135,000 Sale price: $535,000 Gut remodel of existing single family to create an updated single family home.

If you’re turning your tiny home into an MTR, good screening is also key—maybe even more than with a long-term rental.Not all background checks are the same!

Purchase price: $19,087 Cash invested: $1,250 Sale price: $27,000 Contributors: Peter Vekselman Partner Driven and Chad Wolfe & Jerry Scott secured this Anderson, Indiana property for $19,087, investing just $1,250 in minor improvements.

Let’s just say a home was $150,000 in 2019.

Purchase price: $121,000 Cash invested: $15,000 My first home purchase turned LTR.

That approach makes a lot of sense—focusing on key value-adds like bathrooms, curb appeal, and open layouts can really improve returns.

I was planning on buying a home in Big Bear, CA as a vacation rental.

But as others said your income with the rentals should go up and DTI improve not go down

@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...