Allocate equity based on contributions: you provide the $235K HELOC and management, while your former boss contributes renovation expertise and labor.

Louis, Missouri-based property manager seeking investors and opportunities to property Tenant screening, lease negotiation, property maintenance, rent collection. 

Hey @Brett Baker, generally, any place with a great water view or directly on the water will bring more revenue.Of course profitability will all be based on purchase price and prevailing nightly rates in the area.If you find a cool 2/2 or 3/2 right on the water with a great view for 1.5m or a 2/2 or 3/2 house a block away for 600k, then I would look at the house over the condo.

I'm based in the Boise area so we're a little far apart.

house hack is possible. base way to get feet wet

I'm a new real estate investor based in Calgary looking to network

Based on your goals, I’d recommend looking into Memphis, Little Rock, and Oklahoma, as well as Houston, DFW, and San Antonio.Memphis, Little Rock, and Oklahoma offer affordable entry points, strong rental demand, and slow, steady appreciation.

@Jaycee Greene I am looking to buy a primary residence while I am based there, then turn it into a rental once I PCS again two years later.

I know of several DSCR and portfolio lenders who offer different terms based upon your situation.

Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project.