However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

. $55k tax free is like $75k pre-tax W2 earnings...we essentially doubled my income that year.

They are essentially giving the property to you at fair market price, so someone is going to need to pay taxes on that fair market price.

FIRE would essentially be pulling 4% a year so she needs around 4.5mm.

Hey Brandon,I had good success by getting equity lines on properties to access the cash to invest again. 20% is certainly not essential if you want to go lower there are many lending options for lower down payments, especially if you are willing to house hack!

Essentials include pack ’n plays, high chairs, safety gates, and easy-clean surfaces (no white sofas!).

From there you can start to identify what you are looking for.Where do you land on the follow spectrums:Cash flow and AppreciationLong term or Short term needs (waiting for growth vs get out of my W2 now)Long term rentals, Mid term rentals, Short term rentalsBuying close to home or coast to coastSelf manage or hire a PMIf you can narrow in on those, you essentially have your buy box. 

Investors need to factor in zoning regulations and parking requirements, which are essential for smooth permit approval.

It’s affordable and easy to set up, but not essential.

RemoteLock or August Smart Locks – Essential for remote check-ins; integrates with booking platforms to auto-generate codes. 4.