Purchase price: $381,600 Cash invested: $531,600 We purchased this adult care home for $381,600 on the market.

Since your OOS it's not your concern the PM deals with it, stay out of it. 

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

You are smart to pump the brakes on scaling, but keep at the learning aspect as you guys figure out what the next step is.

Now you are over $2k and only bringing in $2100… If you don’t care about the cash flow at the moment and have a good income that can support an unexpected large expense then you should be ok.

Most properties get continued from sale 4-8 times before a final sale and many get resolved so the list is kind of just a guess at what is coming.They are cash buys, 10 percent down at time of auction and the other 90 percent due in 7 days I believe, or something close to that.

Have bought, renovated, refinanced and sold rentals in my portfolio.Besides monthly cashflow, you can cashout refi every 5-10 years or when increasing rents support the ability to do so. 

As an out of state operator, I like having the added protection of the waivers but using one or the other or both is really up to your comfort level.

I just started working with THD, I had the same situation as Shankar RamaniI had a 3/2 SFH posted for LTR, they reached out asking if I am open to short term rental, I was hesitant first but after searching the company and their business model, I was willing to take the risk if they pay me a good premiumThe person who reached out to me works with the insurance side of THD ( they have corporate leasing department too), and her tenant had a fire damage in their house so the insurance company wanted the tenant to stay somewhere until the house repair is done.

I only found out for sure $1700 later (was ultra busy).