I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

There are definitely areas where you could repeat a similar strategy but with even better cash flow.If you’re ever looking at growing your portfolio elsewhere, I come across off-market deals that could align with what you’re looking for.

Very unlikely unless you find a private lender/individual to do this as a one-off. 

Your response may turn off a number of guests who were thinking of booking.We've all had guests whose unrealistic expectations were not met and could never have been met.

I don't mean to come off as a conspiracy theorist - I'm not saying this is normal; I have no experience with foreclosures, just parlaying the message. 

To be clear, you are not paying off the 80K mortgage.

A little over 15 years ago, in the late spring of 2009, I was a brand spanking new real estate agent coming off of a miserably failed real estate investment venture.

Essentially though you need to go off-market.

The property isn't 'cash flowing' but our renters downstairs take $2,100 off our $5,700 mortgage so that comes down to my fiance and I paying $1,800 to live here.

Unless you are sourcing properties yourself off-market, REI became much more challenging in 2023, and downright brutal since the start of 2024 here.