Quote from @James Wise: Quote from @Samuel Diouf: Hey Genesis!

Verify these numbers by researching comparable rentals in the area or consulting with a local property management company.Additional considerationsContingency Funds It's wise to have reserves for unexpected expenses during the rehab process or unforseen vacancies.Market Conditions Keep an eye on the Denver market trends.

Key takeaways include being flexible and open-minded, using house hacking to build wealth, leveraging previous profits and equity wisely, seeing potential in properties with deferred maintenance, and patience and compounding efforts.

While it is wise to consider your possible resolutions to a bad tenant, the best offense is a good defense.  

Yes, because it will be a wise decision in the long term and when you move out and rent the other unit it will cash flow in the (+) positive.

I don't think it would be wise to knowingly buy something that you'd be forced to pay both rent and mortgage.

Not sure what the difference would be $ wise  but reducing your principal biweekly vs at the end of the year would reduce your interest expense more than lump sum. 

Pricing-wise, I’d say $100 per night sounds fair given the length of the stay, especially compared to your usual rate.

They get their cut, you get the property.Of course, you have to figure out what it is worth and whether that's a wise investment for you.

I prefer property-specific syndications because I want to do my own underwriting of the property and see if I agree that it is a wise investment.