At some point that market becomes saturated, pushing revenues down and the extra juice won't be worth the squeeze. 

I have a hard money lender established to cover 80% of the purchase and 100% of the rehab, so my capital partners would be covering:20% of the purchase priceRange of $30,000-$50,000 cost of capital25% of the renovation budget (to kickstart the project while waiting for reimbursements)$25,000 contingency padAny tips would be great, and if you happen to be interested yourself I can send you more details.

Baselane has the added advantage of synching with your Schedule E you'll use at tax time to file your taxes.

But these two live and work it and dont sell e ducation.

The mega site in Richmond, as well as Mt Vernon, will really change the landscape in these areas as they did in E-town when the battery plant came in play. 

Do you have tips for structuring short-term leases that protect me as a landlord while accommodating their needs?

Definitely open to any tips or strategies you’ve used to find deals that work in today’s market! 

Welcome to the community and be ready for a huge amount of information at your finger tips.

You can't deduct travel expenses before identifying property because you report every rental activity you already own on Schedule E.

Sometimes off-market deals can be a goldmine for seller-financed opportunities.Let me know if you’d like any tips or resources—I’d be happy to help!