It helps to build a good network of reliable contractors, especially if you’re investing out of state.Section 8 has been a part of my strategy, and while it’s not all rainbows, it’s been a solid way to build consistent cash flow.

Consider tenant stability, including consistent payments and maintenance of the TOH.

Does this strategy utilizing HELOC really work on saving money and paying off mortgages much quicker?  

Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate. 

My family consists of my wife and three kids, and I’m currently the sole earner.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

The more you understand the local market, the more value you can bring to a mentor.Stay persistent and consistent.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

The STR loophole would work on the properties above, and then I could connect you to my CPA who has some great strategies like investing in Solar to keep more of your money. 

A second STR in a market with year-round cash flow potential might balance out your portfolio and give you more consistent income.