Most are young, but not all.

Yes, I am curious what market you are in.We have had people sell every year of our operation, all for various reasons. 

I would introduce yourself to the parents (really all of the neighbors, it is a good thing).The parents will help keep the kid on the straight and narrow plus it helps show that you are a responsible STR owner working within the community.

Quote from @Brandon Dionglay: Hello all!!

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I want enough money coming in so the business can sustain itself when issues occur with maintenance or vacancy.If you wanted to do this with only 20% down ($46,000), which is all you need for a conventional loan, here is how the calculations change.Total mortgage + escrow $1,493.33 per month with cashflow reduced to $306.67 per month.I prefer to overestimate purchase price, interest rates, and homeowners’ insurance to be conservative.

Plot 1: 2024 market value of $6,900. 45x120Plot 2: 2024 market value of $3,800. 100x94I'm still pretty new to the game, so I have no experience with land deals, ground up construction, zoning, things of that nature, and am wondering what the best play is.Sell one to help with acquisition costs and build an ADU on the other?

It is a great way to get started in real estate investing all while buying yourself your own home.

We will provide all of the financing, but we want him to be a partial owner as his "rent" will go towards his ownership. 1.

All my experiences on Booking.com have been good people at high profit.