Would probably be better that I buy from a builder, I just find it less appealing buying at retail when I'm looking for cash flow...I'm spoiled from having a $1000+ cash flowing property already, so if I'm not hitting that number, it's not going to work for me.

If you make base hits for 10 years you will look back on a portfolio that has a lot of runs.Best of luck.

For example if you sold on year 1 on a 5 year prepayment penalty, the lender would hit you with 5% of the principal balance. 

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

Rental demand in our market is off-the-chart; the shortage of properties continues to hit historical lows year-over-year.

Just make sure you take your policy to the brokers so they can do a direct comparison.Maybe hit up your primary home insurer to see if they offer a STR policy.

Ensuring transparency and efficiency in managing owner resources is critical1.Clear Communication on Costs: Provide owners with detailed breakdowns of repair costs and explanations for necessary expenses.

Money you put in and then when we hit 59 years or older, money that you end up withdrawing. 

In my experience, a successful BRRRR typically comes down to two main things: finding a good deal and managing an efficient renovation.

Take that 40% hit.