We use STR through airbnb and cover most of our mortgage.

Right now it is cash flowing.

Leads are high quality so your salesperson doesnt have to spend a lot of time sifting through tire kickers.

I wanted to rent out our previous home and get another property that we could afford, and that would essentially pay for itself via house-hacking - Searching through that lens as my goal helped me be creative to make the deal happen, and it kept me on track rather than being persuaded by any house on the market.

My goal is to generate cash flow monthly and increase my personal net worth. 

I wouldn't put an offer in unless I (or someone I REALLY trust) has walked through the property.

If your plan has multiple participants, each would have $250K coverage on their cash account within the plan.If you will be in cash for an extended period of time, you can check to see if your bank offers enhanced FDIC coverage through a service called IntraFi. 

Thank you Theresa, I also suspect that they lied about the three girls who have already moved in, but since they paid rent on time and the property seems got decently maintained (my PM just walk through it), I just want to put up with them, and sign a new agreement which will add the new people in.

Thank you for helping me kickstart my journey towards financial independence through real estate!

Cash flow, appreciation, tax benefits.