Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.

This will be an excellent home for a starter home, small family, long-term rental, and definitely a really cute AirBnB.

In 2024 I can't do roofs anymore for 8k, so adjusting for inflation the 60k is probably going to be more like 80k.So how do you make this work long term?

and 5 years is a long window for things to change in ways we don't expect (lower interest rates maybe??).

I'm interested in flipping, and short-term rentals at the moment to build good cash flow, then pivot into more of a buy-and-hold/appreciation play 10-15 years from now.

The only inssue is that i have not found many people in the area that have done it and would like to ask if any one here has done ADU's in Orange County or Long Beach and has it been worth it for you . 

Definitely a strong location with great visibility and high foot traffic.Since it’s a NNN,  your expenses are minimal, but if LazyDog ever exits, buildout costs will depend on lease terms and the next tenant.

Outline a clear exit strategy to meet your long-term goal of retaining the property for cash flow.Work with a CPA to ensure tax efficiency, particularly around depreciation, capital gains, and partnership income.

It's now converted into a cash-flow positive long-term rental.

What's the annual ROI on the cost of the points to you in terms of savings?