I am working on my first BRRR, and am close to finishing up the rehab.  

My wife's grandmother passed away two years ago, and we still have her house in San Gabriel, CA.

@John Bowens, I need to do this with my Equity Trust SDIRA.

My real estate goals include investing in long-term rentals with the potential for mid-term rentals, leveraging my spouse’s career as an OT in the healthcare industry.

When my wife and I started out we new we wanted to invest but did not know how to, we took action and unfortunately found a family friend realtor (amazing learning experience) then we found bigger pockets. 

I’ve isolated these three markets as they’re all within driving distance from my home and seem to fit my budget of $100K-$200K for purchase price.

My friend tells me I should charge 1100 to the new tenant that I’m trying to acquire.

I paid approx $100 mo for insurance on my STRs, both insured through State Farm.

Or the always popular, “My tenant moved out and stole my washer, dryer, water heater and light fixtures!!!” 

The property itself has sentimental value in my family as well, so it will be a long term hold.