Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?

I currently own a two-family home with my girlfriend, but I plan to refinance in 2025 and start fresh with a focused expansion strategy.

We sold a wonderful two unit STR in Depoe Bay in 2024, which generally is a no-go zone but has neighborhoods with specific commercial zoning that allows for vacation rental usages as well as a brand new development of luxury homes that allows STR usages similar to Olivia Beach in nearby Lincoln City. 

I can envision that the numbers on these luxury homes would lead to to a long lag time...but hopefully I'm wrong. 

Whether that collateral is a home, or car, or anything else of value that was pledged against the loan. 

Since your homes are free and clear, keep them that way.

It is usually used in conjunction with decoupling clips and the like for listening rooms, audio recording rooms and home theaters.

This comes from several data points, the first being the average age at which people are choosing to stop renting and buy their first home.

They also have a home vacancy tax in a lot of areas which applies to short term rentals. 

Quote from @Dena Sommers: I own a home that is too large to rent - no demand.