What are the costs for the value adds, the expected hold time, and the expected sale price? 

It's always a tough call on whether to just do a day trip or pay for a rental as the costs of a nice rental can add up quickly.The TL/DR (which I'll expand on) is that we ended up changing to a strategy of letting others help pay for a cabin that we know we'll love.

There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

I recently bought into Tyler’s Deveraux 3 day workshop event 🙌 I’ve heard great things but I also read a reply that “he doesn’t keep promises” So I’m half and half about the event.For those who’ve gone and went through it already, how was your experience and your thoughts?

I hope to turn the self-managed properties over to a PM at some point in the first quarter of 2025.

Since this is my first go around - I'd really appreciate advice on the following:- any references on lawyers /firms to work with to go through the Barment and foreclosure process without breaking the bank.- Ball park ranges - what can I expect the cost of this process to be?

If you're looking in Ohio, I can recommend hitting up Kurt Weil. 

Are you suggesting the Regs would not hold up?

Any tips in multi family home investing?

I appreciate all of the detail but what information was provided to the agent that wrote the policy?