You'll have to make some sacrifices, put in some work but I promise that its all worth it in the end.

Monthly, I'm seeing a net profit of $1400, and I've managed to save up 6 months' worth of emergency funds.

@Jerry VelezOne thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

If we had more supply, that would be great for these things you may remember…people.

All that said one of the things like about these smaller markets, is just less overall competition and the ability to kind of set your own comps, while it hasn’t sold yet so I could be wrong, it was hard to comp tbh, but this town (about 1.5 hours from dc) is growing rapidly, my parents bought a house for 350k in 2019 now worth 600k.

But remember, because I learned what to do and I only do good deals. 

House is now worth about $1,500,000. 

It's worth around $450k & I'm not sure how long it'll take to sell in the current market.Our immediate family (my wife, her dad, out daughter & I) are very handy and have experience in construction, HVAC, electrical, plumbing, etc, so we are anticipating being the general contractor and subbing out only those things we cannot do ourselves.We have several STRs, but no motels. 

Now it is worth $500,000.

And given that risk-free Treasuries pay 5.3% now, is a 5% premium over that worth it?