However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

I quickly fired the VA and the cold caller because they were not the right fit and I basically didn’t even interview them.

We walked it.

There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

Had a client close on an MTR there this summer in a nice townhouse walking distance to Pearl Street.

I would have answer to the questions then with those answer, I would ask, can you find a better deal (equity, cash flow, appreciation potential etc.) that better fits your portfolio and is it worth the extra time?

The agents then proceeded to film walk throughs to post about how they are "experts" in investor/new construction.

Example Scenario:- I sell a property for $700K, walking away with $150K.- I invest that $150K as an LP in a syndication deal.- The syndication sells later for $5M, and my share grows to $200K.- I want to 1031 exchange again.Question:Does my next deal have to be larger than $5M (the overall deal size) or just larger than my share of the equity in that deal - meaning, if 200k was 20% ownership then it has to be more than $1M (20% of sales price)?

Here’s what I’ve seen work well:Furniture Purchase:If the furniture fits the vibe you’re going for and is in good shape, buying it can definitely help you hit the ground running.

For me personally, it was worth making the switch because of how much money I stood to save and the flexibility to run things the way I saw best fit.