Great if you want to add rentals or non owner occupied properties to your portfolio but not so great if you wanted that winter log home in big bear CA or Mammoth lakes, CA.The good news is you're from TN so you have no earned income tax from the state on wages only interest and dividends in certain cases so thats a pro right?

There're quite a few more opportunities/strategies to consider, especially for high-net-worth and/or high-earnings investors.

Quote from @Chris Watkins: Quote from @Chris Watkins: Quote from @Eric Lee: Hi all,I'm looking to acquire my first rental property and am strongly leaning towards a short-term rental while doing a MTR for off-peak seasons.

Even at a blended 13% rate, the after tax yield on these higher risk notes was closer to 7.5%, as I work full time and earn good W2 and other investment income.

The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

My curiosity is peaked to know what is the holdback.Roger

Which one earned you the most money, for that year?

Partnering with a wholesaler sounds fine, but check the real estate licensing laws in your state before bringing a buyer for a commission.You might consider getting your real estate agent's license and legitimately earn what your skills, drive, and experience truly command. exactly wholesaling or bird dogging is not a life time or long time occupation  RE sales can be lifetime and if your any good at it at about year 10 you should be getting all your sales from referrals and such.

The redwood forests are uniquely special and amazing, the Sierra Madre mountain range is equally as pretty and much less crowded than The Alps, the climate has something to offer just about  everyone from high snowy peaks to hot sandy beaches, and you can pass through several completely different ecosystems/ climates within a short drive like going from the hot desert of Palm Springs up to the chilly alpine zone of Tahquitz with a quick drive just for the afternoon if you want to cool off.

Congrats on the success of your investments and earning your license.