Hey David, For your lake house, implementing a 7-day minimum could work well, especially if you aim to take advantage of the short-term rental tax benefits, such as the "short-term rental loophole."

Focus on properties that align with your financial independence goals and be prepared for market fluctuations.Your strategy of balancing cash flow with capital appreciation while aiming for financial independence is sound.

Tell all US citizens they gotta suck things up, austerity measures, slash social programs 50%.....

Someone you can trust.Start small – Aim for a light cosmetic flip on your first go so you don’t get overwhelmed with a full rehab.Hit me up if you need anything.

You cannot invest what you do not have.Initially before you invest, your success is measured by how much you have in (for instance) your Vanguard Money Market Fund, or an FDIC insured Money Market account, or stuffed inside your mattress, etc...

Maybe do it officially for good measure.

I give you analogies, and explanations, I even give you statistically measurable numbers and data to back it up.

These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.

There was a bill in Congress aiming to extend or modify the bonus depreciation provisions, but no definitive changes have passed yet.

I aim for 1.5% but have even done the 1% rule in areas I think that will appreciate quicker than others.