"Sounds good to me"I know there's a little bit of playing around when it comes to not being able to pull out the whole amount depending on the agreement between you and the seller.

Real estate is all about learning as you go and playing the long game.

•Mix of Strategies – While it’s known for cash flow, Detroit also has neighborhoods where long-term appreciation is playing out.It’s not a perfect market (no market is), but it definitely deserves a look if you’re open to expanding your list.

Instead of “great location,” they say:Here's where your Low-Maintenance Marketing Plan comes into play👇🏾If you’re only getting standard 5-star reviews, it means your guests had a good stay—but they also have other options.

You can play with it and build up a 3d walkthrough.

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.

Quote from @Evan Murphy: @Shay Yao Hey Shay, there are a lot of factors that come in to play when considering your specific budget as well as those three areas.

Knowing the laws ahead of time and the process is very important but just know that lateness's are part of the game we play.

And right now the bigger cabins are not a good cash flow play but might be a great equity play when you look back in two to three years.  

@Marko BukvaI'm not entirely clear on the plan and ownership, but there are potentially several different types of tax at play for a transaction like you're discussing - gift taxes, estate tax, income tax, property tax, documentary transfer tax, etc.