The profit was used to buy a higher quality SFH in the same area.

Inventory is low and sellers won't budge.

Last August a decent pre-foreclosure opportunity came available on the MLS and my agent took us to see the home and submitted two offers below asking that were too low for the seller at the time.Apparently the seller was able to avoid foreclosure and the home delisted after it didn’t sale.

@Austin Williams - Leveraging a VA loan for a house hack is such low-hanging fruit for financial freedom.

Coffered ceilings, low corner additions etc.Anyone can slap lipstick on a pig, looking for high value add in high demand markets is where the $ is.

I understand that these numbers are low, but I'm trying to be conservative.

@Bonnie Low this is great info and exactly what I was looking for.

@Chris Wagner- That's just too low an amount to make the claim worth it. 

At worst, fair chance of some quality mentors. 

I know this is an unpopular opinion around here that you won’t see on the front page of the daily BiggerPockets newsletter, but it’s the truth For the record, I still believe a quality STR purchase offers a great ROI over the long term.