Quote from @Jay Hinrichs: Quote from @Bruce Lynn: @Jay Hinrichs      But I do understand the OP points and I think that folks just really dont understand the work and risk involved in ANY rental property short of NNN leases with super strong companies Exactly. 

Quote from @JD Martin: Quote from @Jay Hinrichs: Quote from @Matthew Drouin: Small wine town is all I needed to hear.Seasonal tourism is usually not a great industry in which to build a sustainable business.There are probably higher and better uses of your capital near high velocity metro areas.We have small wine towns near our city in the finger lakes region of western NY.  

Quote from @Jay Hinrichs: I invested in a winery/wedding venue at the end of 2023 because I needed a quick tax strategy and couldn't find a property fast enough.  

Quote from @Jay Hinrichs: Quote from @Deja Clark: @Jaycee Greene Thank you for your insight!

.: Quote from @Jay Hinrichs: what about first insurance ???  

@Jay Hinrichs is correct.However, the following seasoning periods are what I am working with on the DSCR programs that I utilize for my clients.

@Jay Hinrichs yea we are making modifications to the floor plan so they have closets 

Quote from @Andrew Syrios: Quote from @Jay Hinrichs: Quote from @Andrew Syrios: Quote from @Jay Hinrichs: Quote from @Andrew Syrios: Rates change all the times, but if you had a rate lock, that really doesn't make any sense to me.

As Jay said, the rate is bought down by seller credits from the builder.

Quote from @John Postma: Quote from @Jay Hinrichs: Quote from @John Postma: Quote from @Jay Hinrichs: Quote from @John Postma: Back in 2019, I figured a goal of saving for a year for each downpayment was an achievable goal.