I’m in the process of purchasing a second home in Aspen, CO, which will also serve as my first STR property.

Purchase price: $289,000 Cash invested: $50,000Live in/flip then LTR

Brand new to real estate investing - I currently have 1 3/2 ranch in good market  (Greensboro/WS/ Highpoint) used for furnished medium term rentals. 

The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.

If your mother does not want to carry the note long term, there are GSE renovation loans that can be used for both purchase, rehab, and permanent financing all in one loan.

Purchase price: $499,990 5 bed 3 bath split level house in Hyattsville, 1875 sq ft

Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.

I am wanting to purchase a condo in the St Pete Beach (preferable Treasure Island) market post hurricane(s).

They have a brand they're trying to keep consistent over the entire portfolio.

Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.