A shorter minimum stay and dynamic pricing are great for attracting bookings during slower periods, though the trade-off with single-night weekend stays is definitely a balancing act.

If you’re not paying cash for properties, get pre-approved for an investor loan to understand your available credit.Time FrameThe shorter your timeline to achieve your goal, the more upfront capital and credit you’ll need.End GoalMost investing goals focus on replacing their current income, like $5,000/Mo.

I have a mortgage connected that, for some reason, reports it as an escrow balance, throwing off my balance sheet. 

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

As you mentioned, it might be difficult timing the sales of each of properties where you can achieve a combined exchange (multiple properties into 1 property / or a few properties).Just a quick note that may be helpful - I work with a group of investors that can help with a combined exchange into a single property and will buy it back once you've found a replacement propertie(s) as the final destination for your capital.

Typically, you'll have something like a 10 year draw period with interest-only payments, and then the balance is amortized over 20 years.

According to the Texas A&M Real Estate Center, we find a balanced real estate market at around 6.5 months of inventory.

Ideally, I'd like to find a balance between affordability and potential for appreciation.Also, are there any common pitfalls or things to watch out for when buying a multi-family property in Jersey City?

I want to strike the right balance between transparency and professionalism.Appreciate the guidance—thanks again!

It’s all about finding a balance between purchase price, financing terms, and smart rental management so you’re not forced into the red.