Whether or not he is solely using the rental income to pay off the property or not, he has the ability to pay down a mortgage efficiently. 2.

This approach ensures that we have the ability to appropriately maintain a community, ensuring its long-term viability.

Upgrades include a fully remodeled kitchen, renovated bathrooms, new durable flooring, contemporary fixtures, and efficient heating and cooling systems.

If your focus is on minimizing risk and ensuring consistent cash flow, your current strategy works.

Thank you  Using a LOC on your primary residence can work well for flips if the terms are favorable and you’re confident in managing projects efficiently.

During the partnership, you can jointly manage the property, increase its value, negotiate a flexible repayment plan with the seller that allows for larger payments after the property appreciates, ensure a written agreement that clearly specifies repayment terms and timeframes and refinance, and the sellers are able to 1031 at their leisure? 

Our main goal is to ensure we’re properly protected.Additionally, should we allow pets in our STR?

So in my opinion, it teaches me how to use short-term leverage to build an income snowball...then once I get an efficient and ever-increasing machine...I pivot that into getting more long-term assets (using safe, long-term leverage). 

Prompt, great communication, efficient ... and most importantly they are 100% legit 😉

As long as you’re building with future hurricanes (wind and flood) in mind you can ensure that you’re prepared for future storms.