Then your strategy of offer full price and then negotiate down / what if they say we will fix the repairs then you would be forced to close and lose your EMDNot sure where you came up with this but many will view components of this as unethical and why investors get a bad rap from politicians

Cash flow is mainly a mechanism of leverage in the deal.

We mainly own SFR and do LTR but last year we added our first STR and its been a great experience.

This has to do mainly with the timing of property tax payments for your own home (not for your investment properties) and your charitable donations.

I definitely plan to make that my main focus!

@Yezenia HernandezI started with pre-construction short-term rentals in the Riviera Maya, since it's Mexico's and one of the world's main tourist destinations and so the profitability has been very high there.

OJs main asset shield was his primary residence in Florida, which has unlimited homestead protection.

I think my main point, which you’re experience lends support to, is that while there are below market deals out there, it requires a continual effort of being “in the market” and looking at 100s of deals to negotiate the rare below market purchase.  

That being said, this is mainly doable for folks taking on cosmetic rehabs with great time management/construction management skills.

I need credibility, either through working for a couple of years for a company or buying my own property, starting small, and scaling with time.Now, my plan is to graduate next year (Im a junior), and get a job in a firm as an analyst in order to build that experience and mainly cover my living expenses, while on the side buy my first small property and go from there.However, and this is where I start overthinking,  I still have 1 year left in school and I want to use it to my advantage as I don't have any expenses or responsibilities other than school yet, and I want to do my first deal.