I was looking for a single family residence for me to potentially start a family in one day.

Purchase price: $500,000 Cash invested: $100,000 Purchase aimed at creating a steady income stream, while also offering significant potential for long-term appreciation.

No surprise, but most lenders won’t touch a DIL.On the other hand, some lenders also flip houses or hold properties, so if the home is in good shape with equity or the potential to drive equity, they could be interested in owning it.

Navigating STR regulations can be challenging, and I'm considering potential locations in Vermont, Rhode Island, and upstate New York, specifically around Syracuse or the Jay area.

@Cp Rahaim,Typically the airbnb estimators focus on your potential revenue.

By investing in quality renovations, I hope to enhance the value and appeal of my home, as well as potentially lower my insurance costs.Strategic Renovations to ConsiderAddressing Four-Point Issues: I've addressed the issues that needed to be rectified before obtaining conventional financing.

They show you potential savings - if everything works in your favor.

IF I can get my unit turned over fast enough, I can potentially have a new guest in the day after someone moves out (move out in the AM, new guest in by late afternoon the following day).

You already have a successful business and you should put your energy towards it and look for ways to grow/scale that business.

My aspiration is to explore all potential avenues to turn this property into a profitable asset.