So the return appears to rely on appreciation and equity pay down, but the sale price on this cabin is below building costs.

if you're relying on the rent to cover everything all the time 100% then you're not well capitalized enough and you shouldn't start investing yet.

But because Doorvest relies on a Zillow feed to feed their data monster, they may not know you have a portal to the 7th layer of Hell located on your property.

Yes it explicitly allowed things like the term and rate, and I wrote that it should exclude anything additional which is unnecessary since I couldn't be there to read the closing docs themselves (which I assume can vary depending on what the branch leader/loan officer wants for the nonconforming loan).  

The information contained in this post is not to be relied upon.

I mean, come on, I'm not gonna rely on Uncle Bob's wild guesses!

But if there’s one thing I’ve learned over my 20 years in real estate.. especially working deals in markets as varied as Phoenix, Austin, and even San Antonio.. it’s that having the right people in your corner can turn a migraine into a mildly annoying headache.

The information contained in this post is not to be relied upon.

I want to start to build my portfolio to a point that I can jump into real estate sales full time but still have some cash flow I can rely on.

There is usually a missed opportunity in most markets delivering housing products that are needed but not readily available and the Zillow data most rely upon does not tell this story.Get to know the members of a community, their needs, what steers them away from the housing that's currently available.