In this post, I will explain the criteria and the information sources.Income requirements for financial independence:Rents increase faster than inflation: Inflation erodes the value of money over time, causing prices for goods and services to rise.

One never knows whether an area will gentrify but chatter on the street is money is flowing in the South Shore.

We rarely have issues, but it seems like such a small investment in time and money to take one day to verify. 

We own our house in Seattle and are trying to determine the best strategy for our move - what approach would net us the most money over the next 1-3 years.

I would love to talk with a lender to get a better handle on the products that help investors BUT in my strategy, I am leaning toward NOT using hard money at first(if I can avoid it).

You could sell one house and buy two with that money. 

I've already paid for an appraisal and the earnest money is recoverable.Thanks BP family! 

For example, my appliance store gives me a 10% discount, so I charge a 5% markup to my owners to make a little money and the owner still saves 5% from retail. 

I lost another $1000 in inspection fees but should get back $2000 earnest money deposit.

We are considering stepping in and trying to buy the place, but looking for some guidance on STR and what kind of money this place can bring in.