With that in mind I’m projecting 200-250k to fund a 25% down payment, closing costs, light rehab, and 6 months of debt service and opex as reserves.

Use the "extra" income to build a reserve for maintenance, vacancies, and other expenses that don't happen regularly.

Can you afford the downpayment, brrr costs, keep money in the deal and have sufficient reserves for both properties(i.e 2 years of vacancy/lead times, 75-100% of capex, 3-6 months of random ********?

Make sure to have thorough inspections done and factor in extra reserves just in case.

I will have enough reserves to cover the holding costs as well as some left over as emergency funds for the property.

You may need to click the images to enlarge them.Summary of the Year 1 cash flow: The details: $82k purchase price, 25% down payment, 25% reserve for maintenance, vacancy, and management.

We have offshored our reservations department and have them assisting with reservations related administrative tasks but I believe you will still be extremely involved in the day to day without a PM company. 

Despite my reservations, I moved forward with the purchase but rent to retirement said good things about her from supposed past clients of theirs.

However, some investors embrace this strategy, especially if they want to minimize their upfront capital and plan to refinance within a few years—particularly with ongoing discussions about the Federal Reserve potentially lowering interest rates into 2025.

Take off the party hat 🥳😔The recent decision by the Federal Reserve has sparked widespread enthusiasm across markets.