Software: Stessa for accounting, Deal Check for quick and dirty analysis of potential purchasesMarket positioning: Pet-friendly (fenced-yard, accept dogs and cats), well-designed homes, off-street parking, suburban, full cable TV package (not streaming only)Pricing: Targeting upper-middle market (not budget-conscious guests)So far, so good (since 2020)

Save the low rate: Keep your current loan and focus on building savings for the next down payment through budgeting or a side hustle.2.

On an annual basis, the administration is mostly meeting minutes, resolutions, and annual filing of your 990, most of which can be outsourced depending on your budget.

Budget to visit every 6-9 months that you're actively interested in investing.

I’m budgeting 45 to 50k on the renovation as it may need a few incidentals here and there. 

I fix n flip and I always add the cost of paying an agent in my budget.  

Narrow down your location based off of your comfortability, budget, local property owner regulations, and rent to price ratio, and you'll be building a portfolio in no time. 

A lot of people will pay $1200/nt for 4 crappy budget motel 6 quality rooms at the All-Star resort rather than $175/nt for an 8br themed out mansion with a private pool, theater, and $30,000 arcade room.To answer your original question on investing over a long-term period, that is really this market's main strength. 

I circle back and think about my budget. 

Have the rehab budget before purchasing so you dont have to start from zero dollar once you move in.