If the market drops 10% you are instantly underwater.

It was very timely for me as well, as I'm just getting ready to rent out my first Air Bnb property.A ton of useful tips for pricing, instant book, maintenance, etc that I will be able to use in my business.Thanks again BP and Zeona!

A tool that I use when analyzing a deal is this:https://www.geico.com/homeowners-insurance/You can add the property info and it will give you a instant quote of the price. 

This INSTANTLY converts that $1,000mo mortgage to a $1,500mo mailbox check while i renovate.

By adding a registered adu to our home, we increased the value at least $40k plus we had instant equity from buying under value.

In August of 1975 his pet rock was introduced at a gift show and this totally insane ideal exploded to the point that he sold A million rocks for $3.95 apiece in just a few months, and Gary Dahl had become an instant millionaire in just a matter of months, not years, less than 6 months!

The largest tenant paid instantly and stated that they wanted to help us. 

Can I then instantly turn around and barrow against the equity in that new purchase to buy other properties?

, and my agents also need to be able to envision the value-add opportunities the property presents.I'll give you an example of each: First, an example of an agent going all-in on due diligence, and saving me a ton of cash and headache: When I was an inexperienced investor, I found my "dream house", a property that I instantly fell in love with.

Turnkey, at least in Cleveland, is common, but leaves for little room to get instant equity and add value, but is best for hands off, which sounds like your goal, so it could be a good option if you find the right deal.