-Loan bal is around $300k and home worth low $400s.

We came in low with our offer, but were willing to skip the inspection (which had already been completed before we offered) and stipulated that we would close in 20 days, which was super valuable to the seller.

You can also use some low-down payment mortgage products to continue buying in your back yard while house hacking and renting to others. 

The low down payment house hack is the way to go.

Owning locally has helped me accumulate considerable equity with a relatively low initial investment.

Whether you're a seasoned pro or just thinking about your first flip, let’s laugh, learn, and maybe even cry together!

what if appreciation is low for the next 2-5 years?

Firstly, never underestimate the power of having low leverage on your property.

Most STR markets have seasonality, and there are untold issues in the future that will effect cashflow. 

I would estimate the ARV @ $230,000 on the low side, at least that is where we will list it with hopes that it will move as quickly as some of the comps have recently.