I’m exploring the idea of buying a vacation home near Yosemite, which I also plan to list on Airbnb.

What you describe sounds a little like a BRRRR (Buy Rehab Rent Refinance Repeat). 

I have a certain ratio per100 headcount (not households, not age, not sex) I use when decidingto buy or build in a town.

Buy a $15 blender at Walmart, and they'll try to sell you an extended warranty.

Investment Info:Large multi-family (5+ units) buy & hold investment in Tuppers Plains.

You are still exiting with a refinance and thus the terms wouldn't change on the exit whether you are buying in cash and then refinancing versus doing a construction loan and then refinancing.

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

Investment Info:Other buy & hold investment.

.: I’m looking at a property that checks all the boxes—good numbers and fits my buy box—but I haven’t seen it in person.

So did you buy the $15,000 course?