I am currently looking more for turn key at this point.

The key is knowing how to navigate them:🔹 Finding the Right Deals – The best distressed properties aren’t always the ones sitting on the market.

The key challenge is finding a property that meets your needs today while also offering strong long-term potential, and I’d be happy to guide you in making the best possible investment.

Running the numbers on paper is one thing, but actually securing bookings at your target rate is another.Sounds like you’ve got a good handle on your market and what your guests are looking for, which is key.

Here’s some clear advice to help you navigate your journey.First, education is key.

If section 8 pays $1,500 a month, then other gross income sources in the above example (if 3x income ratio is allowed) need to total $4.5k per month. 

When deciding whether to sell or hold, I’d suggest framing it through two key lenses:1.

And the new money coming in to 100 Main is a good source of cash to make up the shortfall. . .

If you want to build equity quickly, some level of hands-on involvement is key.

Hey Melissa,I have multiple out-of-state investments myself, and there have definitely been some key lessons learned along the way.